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9 Low-Priced High-Dividend Stocks Trading Under $10 Now


Updated on February 10th, 2026 by Bob Ciura

High dividend stocks means more income for every dollar invested. All other things equal, the higher the dividend yield, the better.

Income investors often like to find low-priced dividend stocks, as they can buy more shares than they could with higher-priced securities.

In this research report, we analyze 11 stocks trading below $10.00 per share and offering high dividend yields of 5.0% and greater.

Additionally, the free high dividend stocks list spreadsheet below has our full list of individual securities (stocks, REITs, MLPs, etc.) with with 5%+ dividend yields.

 

Click here to instantly download your free high dividend stocks spreadsheet now, along with important investing metrics.

Keep reading to see analysis on these 9 high-yielding securities, based in the U.S., trading below $10 per share that we cover in the Sure Analysis Research Database.

The list is sorted by dividend yield, in ascending order.

Table of Contents

Low-Priced High Dividend Stock #9: Barings BDC (BBDC) – Dividend Yield of 11.3%

Barings BDC is a business development company (BDC) focused on providing senior secured loans to middle-market companies, primarily in the U.S. and internationally.

Managed by Barings LLC, a global asset manager, the company invests in businesses with earnings before interest, taxes, depreciation, and amortization (EBITDA) ranging from $10 million to $75 million.

As of the latest quarter, the company’s portfolio had a value of $2.62 billion, diversified across 329 issuers. About 74% of its loans are secured (71% in First Lien and 3% in Second Lien positions) with 89% linked to floating interest rates. The weighted average spread for the portfolio was 587 basis points.

As of the latest quarter, the company’s investment portfolio had a fair value of $2.54 billion, down slightly from the prior period. While issuer count and composition metrics were not updated this quarter, the portfolio remained primarily invested in senior secured debt in line with the company’s strategy.

The weighted average yield on performing debt investments held steady at 9.8%, reflecting stable credit performance and a consistent return profile.

On November 6th, 2025, Barings BDC posted its Q3 results for the period ending September 30th, 2025. Net investment income (NII) was $33.6 million, or $0.32 per share, up from $29.8 million or $0.28 per share last quarter, supported by higher total investment income and continued credit discipline, while the weighted average yield on performing debt investments held steady at 9.8%.

During the quarter, the company invested $78.6 million across 14 new portfolio companies and an additional $70.2 million in existing positions. .

Click here to download our most recent Sure Analysis report on BBDC (preview of page 1 of 3 shown below):

Low-Priced High Dividend Stock #8: PennantPark Floating Rate Capital (PFLT) – Dividend Yield of 12.7%

PennantPark Floating Rate Capital Ltd. is a business development company that seeks to make secondary direct, debt, equity, and loan investments.

The fund also aims to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies, equity securities, preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments.

On November 24, 2025, PennantPark Floating Rate Capital Ltd. released its fourth fiscal quarter and full year 2025 financial results for the period ended September 30, 2025.

For the quarter, PFLT reported core net investment income of approximately $0.28 per share and a total investment income near $69.0 million, with revenue in line with analyst expectations, demonstrating steady underlying performance in its core lending business.

The firm’s net asset value per share was reported around $10.83, modestly lower than the prior quarter, reflecting market and portfolio valuation dynamics.

Portfolio assets grew to roughly $2.77 billion, supported by strong origination activity and a significant joint venture initiative that expanded lending capacity.

Click here to download our most recent Sure Analysis report on PFLT (preview of page 1 of 3 shown below):

Low-Priced High Dividend Stock #7: CION Investment Corporation (CION) – Dividend Yield of 15.0%

CION Investment Corporation is an externally managed U.S. business development company focused on originating and holding senior secured loans to U.S. middle-market companies, with an emphasis on capital preservation and current income.

As of September 30th, 2025, CION had investments in 91 portfolio companies as of Q3 2025, with a diversified credit portfolio concentrated at the top of the capital structure.

By industry exposure, the largest allocations were to Business Services (16.6%), Retail (10.3%), Healthcare & Pharmaceuticals (10.1%), Oil & Gas (8.1%), and Diversified & Production (7.2%), with the remaining 47.7% spread across industries each representing less than 6.4% of the portfolio.

The investment mix remains conservative, with 80.0% in senior secured first-lien debt. CION generated $252.4 million in total investment income last year.

On November 6th, 2025, CION Investment Corporation posted its Q3 results. Total investment income increased 51% quarter over quarter to $78.7 million, driven by higher interest income from investment restructurings and elevated origination and amendment fee activity.

Net investment income rose sharply to $0.74 per share, representing a 131% increase from $0.32 per share in the prior quarter, reflecting stronger portfolio earnings and fee generation.

Net asset value increased 2.5% quarter over quarter to $14.86 per share, up from $14.50, as the company out-earned its distribution by $0.38 per share despite modest realized and unrealized losses. For FY 2025, we expect NII/share of $1.76.

The company also announced a transition to monthly base distributions beginning in 2026.

Click here to download our most recent Sure Analysis report on CION (preview of page 1 of 3 shown below):

Low-Priced High Dividend Stock #6: PennantPark Investment Corporation (PNNT) – Dividend Yield of 5.8%

PennantPark Investment Corporation is a business development company focused on providing private credit to U.S. core middle-market companies, typically with $10–$50 million of EBITDA, through primarily first-lien, senior secured loans.

As of September 30th, 2025, PNNT had a $1.3 billion investment portfolio across 166 companies, with a weighted average credit spread of 5.66%, median loan-to-value of 39%, median net leverage of 4.5x, and 2.0x interest coverage, reflecting a conservatively structured book.

The portfolio is heavily skewed to senior secured credit, with roughly about half in first-lien debt and the remainder across subordinated debt, equity co-investments, and joint venture exposures, and only 0.1% of the portfolio at fair value on non-accrual. PNNT pays dividends on a monthly basis.

On November 24th, 2025, PennantPark Investment reported its fiscal Q4 results for the fiscal year ended September 30th, 2025. For the quarter, total investment income declined year over year to $28.0 million, reflecting a smaller portfolio and a lower weighted average yield on debt investments.

Net investment income was $9.8 million, or $0.15 per share, compared with $14.4 million, or $0.22 per share, in the prior year period, representing a 32% year-over-year decline in per-share earnings.

PennantPark reported a net decrease in net assets from operations of $1.0 million, or $(0.01) per share, compared with a net increase of $18.4 million, or $0.28 per share, in the prior year period, due to realized losses on investments.

Net asset value declined 6% year over year to $7.11 per share from $7.56, reflecting distributions and net realized losses, partially offset by unrealized appreciation.

Click here to download our most recent Sure Analysis report on PNNT (preview of page 1 of 3 shown below):

Low-Priced High Dividend Stock #5: Ellington Credit Co. (EARN) – Dividend Yield of 17.7%

Ellington Credit Co. acquires, invests in, and manages residential mortgage and real estate related assets. Ellington focuses primarily on residential mortgage-backed securities, specifically those backed by a U.S. Government agency or U.S. government–sponsored enterprise.

Agency MBS are created and backed by government agencies or enterprises, while non-agency MBS are not guaranteed by the government.

On November 19th, 2025, Ellington Credit reported its second fiscal quarter results for the period ending September 30, 2025. The company generated net income of $4.3 million, or $0.11 per share.

Ellington achieved adjusted net investment income of $8.5 million in the quarter, or $0.23 per share. At quarter end, Ellington had $20.1 million in cash and cash equivalents.

Click here to download our most recent Sure Analysis report on EARN (preview of page 1 of 3 shown below):

Low-Priced High Dividend Stock #4: Orchid Island Capital (ORC) – Dividend Yield of 18.3%

Orchid Island Capital, Inc. is an mREIT that is externally managed by Bimini Advisors LLC and focuses on investing in residential mortgage-backed securities (RMBS), including pass-through and structured agency RMBSs.

These financial instruments generate cash flow based on residential loans such as mortgages, subprime, and home-equity loans.

On October 23, 2025, Orchid Island Capital, Inc. reported estimated net income of $0.53 per common share for Q3 2025, with book value per share estimated at $7.33 as of September 30, 2025.

The company declared a monthly dividend of $0.12 per share for October, keeping consistent with its monthly payout strategy.

The RMBS portfolio and derivatives portfolio evolved as the company remained focused on agency residential mortgage-backed securities paired with hedging strategies.

Orchid Island highlighted that the investment backdrop remains attractive with improving spreads and prepayment risk manageable given the portfolio’s coupon distribution and hedges.

Prepayment activity remained a focal point, with management noting the need for continued vigilance given higher coupon pools and refinancing dynamics.

Click here to download our most recent Sure Analysis report on Orchid Island Capital, Inc. (ORC) (preview of page 1 of 3 shown below):

Low-Priced High Dividend Stock #3: Prospect Capital (PSEC) – Dividend Yield of 18.3%

Prospect Capital Corporation is a Business Development Company, or BDC, that provides private debt and private equity to middle–market companies in the U.S.

The company focuses on direct lending to owner–operated companies, as well as sponsor–backed transactions. Prospect invests primarily in first and second lien senior loans and mezzanine debt, with occasional equity investments. 

Prospect posted first quarter earnings on November 6th, 2025. Net investment income was 17 cents per share, while total investment income plummeted 20% year-over-year to $157.6 million. While weak, these results were better than feared.

The company continues to focus on rotating assets into its core business of first lien senior secured middle market loans, while reducing second lien loans. It also exited its subordinated notes portfolio, as well as equity-linked assets, including real estate properties.

Total originations were $92 million, off from $271 million in the previous quarter. Total repayments were $235 million, down from $445 million in the previous quarter. That implies net originations of -$143 million for Q1, up from -$175 million in the prior quarter.

Total investments at fair value were $6.51 billion, down from $6.67 billion in the prior quarter. Interest-bearing investments yielded 11.8%, off from 12.2% in the prior quarter.

Click here to download our most recent Sure Analysis report on PSEC (preview of page 1 of 3 shown below):

Low-Priced High Dividend Stock #2: Horizon Technology Finance (HRZN) – Dividend Yield of 19.7%

Horizon Technology Finance Corp. is a BDC that provides venture capital to small and medium–sized companies in the technology, life sciences, and healthcare–IT sectors.

On October 28th, 2025, Horizon announced its Q3 results. For the quarter, total investment income rose 6.9% year-over-year to $26.3 million, driven primarily by higher fee and interest income on investments from the debt portfolio.

The company’s dollar-weighted annualized yield on average debt investments in Q3 of 2025 and Q3 of 2024 was 18.6% and 15.9%, respectively.

Net investment income per share (IIS) remained flat year-over-year at $0.32. Net asset value (NAV) per share improved to $7.12, up from $6.75 in the prior quarter, but this was down from $9.12 in the prior year.

Horizon’s undistributed spillover income stood at $0.93 per share at quarter-end, maintaining a strong income cushion to support future dividends.

Click here to download our most recent Sure Analysis report on HRZN (preview of page 1 of 3 shown below):

Low-Priced High Dividend Stock #1: Oxford Square Capital (OXSQ) – Dividend Yield of 22.2%

Oxford Square Capital Corp. is a BDC (Business Development Company) specializing in financing early- and middle-stage businesses through loans and investments in collateralized loan obligations.

At the end of Q3, the total fair value of Oxford Square’s investment portfolio was about $260.5 million across its debt, CLO equity, and equity/other holdings, allocated about 54.5% to senior secured debt, 43.5% to CLO equity, and roughly 2% to equity or other investments. Last year, the BDC generated roughly $42.7 million in total investment income.

On November 6th, 2025, Oxford Square Capital reported its Q3. The company generated approximately $10.2 million in total investment income, essentially flat compared with $10.3 million in Q3 2024, as lower stated interest income from debt investments offset higher PIK income and stronger contributions from securitization vehicles.

The weighted average yield on debt investments increased slightly to 14.6% from 14.5% a year earlier. The weighted average yield on CLO equity investments stood at 9.7%, modestly higher than 9.6% in Q3 2024.

Total expenses were about $4.7 million, compared with $4.2 million in the prior-year period, primarily reflecting higher interest expense tied to the company’s outstanding unsecured notes.

Net investment income (NII) came in at $5.6 million, or $0.07 per share, versus $6.2 million, or $0.10 per share, in Q3 2024.

Click here to download our most recent Sure Analysis report on OXSQ (preview of page 1 of 3 shown below):

Final Thoughts

When a stock offers an exceptionally high dividend yield, it usually signals that its dividend is at the risk of being cut. This certainly applies to most of the above stocks.

Nevertheless, some of the above stocks could be appealing to income investors even after a potential dividend cut, as many would still have high yields.

If you are interested in finding high-quality dividend growth stocks and/or other high-yield securities and income securities, the following Sure Dividend resources will be useful:

High-Yield Individual Security Research

Other Sure Dividend Resources

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