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


Updated on March 12th, 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 11 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 #11: Blue Owl Capital (OWL) – Dividend Yield of 10.1%

Blue Owl Capital is one of the world’s largest alternative asset managers that offers primarily permanent capital solutions to clients.

It is headquartered in New York City and went public in 2021. Its largest business segment is direct lending, but it also offers general partner private equity investment solutions and manages real estate and digital infrastructure investments.

On October 30, 2025, Blue Owl Capital Inc. (OWL) reported third-quarter 2025 results showing fee-related earnings of $0.24 per share and distributable earnings of $0.22 per share while declaring a quarterly dividend of $0.225 per Class A share payable November 24, 2025.

The company reported assets under management of approximately $295 billion as of September 30, 2025, supported by meaningful fundraising across its Credit, Real Assets and GP Strategic Capital platforms.

Management emphasized strong investor demand for private-market financing solutions, pointing to digital infrastructure, net-lease real estate, and middle-market direct lending as key growth areas while noting non-accruals remain minimal and credit quality stable.

Although net investment income per share declined sequentially to $0.37, down from $0.42 in the prior quarter, and net asset value per share slipped to $14.89, management reaffirmed that these fluctuations primarily reflect timing and accounting items rather than operational stress.

The firm highlighted recent fund launches, including a $1 billion digital infrastructure vehicle and a larger net-lease program, as evidence of its scalable platform.

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

Low-Priced High Dividend Stock #10: Flowers Foods (FLO) – Dividend Yield of 11.5%

Flowers Foods is one of the largest producers of packaged bakery foods in the United States, operating 46 bakeries in 18 states.

Well-known brands include Wonder Bread, Home Pride, Nature’s Own, Dave’s Killer Bread, Tastykake and Canyon Bakehouse. The company operates in two segments: Direct Store-Delivery (DSD) and Warehouse Delivery, with ~85% of the company’s product being delivered directly to stores.

Fresh breads, buns, rolls, and tortillas make up about a three-fourths of the business, with sales channels split between Supermarkets, Mass Merchandisers, Foodservice, and Convenience Store.

On February 12th, 2026, Flowers Foods announced fourth quarter and full year results for the period ending January 3rd, 2026. For the quarter, revenue grew 10.8% to $1.23 billion and was in-line with expectations.

Adjusted earnings-per-share of $0.22 compared matched last year’s result and $0.07 above estimates. For the year, revenue increased 3% to $5.26 billion while adjusted earnings-per-share of $1.09 compared to $1.28 in 2024.

For the quarter, Branded Retail sales increased 16.6% to $811.6 million as contributions from the addition of Simple Mills, an extra week during the period, and a 2.3% improvement in pricing/mix was partially offset by a 1.7% decline in volume.

Other sales grew 1.6% to $421.3 million as a 2.5% decrease in pricing/mix and a 2.7% decline in volume was offset by an extra week.

Materials, supplies, labor, and other production costs accounted for 51.1% of sales during the quarter, which was a 30 basis point increase from the prior year.

Flowers Foods provided an outlook for 2026 as well. Adjusted earnings-per-share are expected to be in a range of $0.80 to $0.90 for the year.

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

Low-Priced High Dividend Stock #9: PennantPark Floating Rate Capital (PFLT) – Dividend Yield of 15.1%

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 #8: Horizon Technology Finance Corp. (HRZN) – Dividend Yield of 17.0%

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.

The company has generated attractive risk–adjusted returns through directly originated senior secured loans and additional capital appreciation through warrants.

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 #7: Stellus Capital (SCM) – Dividend Yield of 17.4%

Stellus Capital Management provides capital solutions to companies with $5 million to $50 million of EBITDA and does so with a variety of instruments, the majority of which are debt.

Stellus provides first lien, second lien, mezzanine, convertible debt, and equity investments to a diverse group of customers, generally at high yields, in the US and Canada.

Stellus posted third quarter earnings on November 12th, 2025, and results were weak once again. Net investment income was $9.1 million, down from $10.3 million a year ago. On a per-share basis, NII fell from 39 cents to 32 cents.

Core net investment income, which is an adjusted form of profit, fell from $10.6 million to $9.7 million, or from 39 cents per share to 32 cents. Total investment income, which is akin to revenue, was $26.28 million, down slightly from $26.5 million a year ago.

Net asset value was down 16 cents per share, with eight cents of that attributable to dividend payments exceeding earnings, and eight cents to net unrealized losses from two debt investments.

At the end of the quarter the investment portfolio was $1.01 billion at fair value across 115 companies, both up from $986 million and 112 companies, respectively, a year earlier.

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

Low-Priced High Dividend Stock #6: CION Investment Corporation (CION) – Dividend Yield of 18.8%

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 #5: Orchid Island Capital (ORC) – Dividend Yield of 19.5%

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 January 30, 2026, Orchid Island Capital, Inc. reported fourth quarter 2025 results with net income of $103.4 million, or $0.62 per common share, compared to $0.53 per share in Q3 2025.

The company delivered solid earnings and book value growth, with full-year 2025 net income of $159.3 million, or $1.24 per share, and book value per share rising to $7.54 from $7.33 quarter over quarter, reflecting favorable mark-to-market gains in its agency MBS portfolio and improved market conditions.

Quarterly performance was supported by $38.5 million of net interest income, driven by $132.2 million of interest income offset by $93.7 million of interest expense, as well as $53.7 million in unrealized gains and $14 million of gains on derivatives, highlighting effective positioning and hedging in a volatile rate environment.

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 #4: PennantPark Investment Corporation (PNNT) – Dividend Yield of 20.1%

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 #3: Prospect Capital (PSEC) – Dividend Yield of 20.3%

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: Ellington Credit Co. (EARN) – Dividend Yield of 20.6%

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 #1: Oxford Square Capital (OXSQ) – Dividend Yield of 23.1%

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

Thanks for reading this article. Please send any feedback, corrections, or questions to support@suredividend.com.



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