So we took a look at the top-recommended stocks by Canadian investors and compiled a list of the top 10 right here.. My second pick is a technology company BlackBerry (TSX:BB)(NYSE:BB). I wrote about this the other day, comparing the sense of buying Lundin with the folly of trusting Zoom’s rocketing share price. Tom Gardner owns shares of Zoom Video Communications. One thing to note is that we own all of these stocks in our portfolio and have no plan to sell any of them. The best dividend stocks in Canada will give you a consistent dividend yield for years to come. Our team thinks these 5 stocks are critically undervalued, but more importantly, could potentially make Canadian investors who act quickly a fortune. Explore these dividend stocks under $10. TWEET. Here is my top 10 list of best Canadian dividend stocks. SHARE. Contributor. But looking toward the longer term, Extendicare should have the qualities needed to outrun the coronavirus. 10-year Treasuries are yielding just 0.9%, and collectively S&P 500 stocks are yielding under 2%. My first pick is a cannabis company Hexo (TSX:HEXO)(NYSE:HEXO), which has lost over 55% of its stock value this year. Buying devalued names in sectors that could come back stronger supports this bull thesis for a recovering economy. The Motley Fool recommends BlackBerry, BlackBerry, HEXO., and HEXO. Cheap Dividend Stocks Under $10. But with so many options to choose from, it can get overwhelming to even start thinking about a stock to invest in.. Motley Fool Canada's market-beating team has just released a brand-new FREE report revealing 5 "dirt cheap" stocks that you can buy today for under $49 a share. In fact, some of the best-known cannabis growth stocks are Canadian companies and we’ve highlighted two of them in this presentation. 5 Stocks Under $49 (FREE REPORT). In 2019, StorageVault Canada had acquired 46 stores for $373 million. With the company currently trading at 20% lower for this year, it provides an excellent entry-point for long-term investors. At the end of the first quarter, the company’s cash, cash equivalents, and investments stood at US$955 million. The Canadian stock market has recovered strongly from its March lows. Today we have discovered four Canadian dividend stocks with yields of at … “A stock like Zoom is focused on momentum specific to the pandemic,” I wrote. So, these operational shifts have increased the demand for data safety and privacy solutions, thus benefiting BlackBerry. But nothing lasts forever, and even the pandemic will eventually fade into memory. Extendicare’s share price is an appealing $5.77 at the time of writing, which means that investors can snap up a whole basketful of shares for very little outlay. Here’s a More Accurate View on Canada’s Housing Market Crash, 3 Pot Stocks to Avoid Like the Plague in 2021. When looking for cheap stocks that pay a dividend, it’s important to be selective. Meanwhile, in July, the company expanded the availability of its vape product lines in both medical and recreational segments across Canada. This stock is well diversified, spanning the safe haven of gold, the tech-and-renewables play of copper, and the versatility of zinc all in one stock. Are you looking for the best low-priced stocks trading under $20.00 to buy in 2021? I understand I can unsubscribe from these updates at any time. 3 Cheap, Dividend-Paying Stocks Under $10 to Buy on Market Pullback . Current as of January 15, 2021. Enter Lundin Mining (TSX:LUN) for $8.12 a share. Vermilion Energy (TSX:VET)(NYSE:VET) shares sell for a tempting $4.79 at the moment, down from a 52-week high of $24.47. April 9, 2020, 12:05 PM. Amid the pandemic, many businesses have taken their shops online. Jan 13, 2020 5:59PM EST. Jeff Reeves. The royalty business is fascinating. High dividend yields can be a good indicator that companies are growing their free cash flow and are more likely to have better returns than their peers with lower yields. To make these lists, a stock must be trading under $10.00, have a positive (or negative) 52-week percent change, and strong Price/Earnings and Price/Sales ratios. 3 Cheap Dividend-Paying Stocks Under $10 to Buy Now for 2020. Diversified Royalty Corp.(TSX:DIV)is an industry leader with some easily-recognizable brands in its portfolio. Investors should therefore consider sidestepping currently overvalued pandemic-centric stocks. Here are seven cheap dividend stocks to consider. Just Released! However, in its recently reported third-quarter earnings, the company outperformed analysts’ sales expectations. Join Stock Advisor Canada for 73% OFF today…. 7 Best Dividend Stocks to Buy Under $10 Jeff Reeves 6/13/2019. Well, low-priced stocks may not seem attractive to some because fewer people follow them … Despite the impact of the pandemic, the company’s revenue grew over 3% in its recently announced second quarter. Simply click the link below to grab your free copy and discover all 5 of these stocks now. 3 Dividend Stocks Under $10 to Buy in 2020. Fifth on this list on stocks to buy under $10 is Canadian cannabis producer Aphria (NYSE: APHA). Also, an increased number of employees are working from their homes. All these initiatives could boost the company’s sales in the foreseeable future. How about a mining stock with a reliable dividend? Revealed: 5 Incredibly Cheap Stocks Trading Under $10. Fool contributor Rajiv Nanjapla has no position in any of the stocks mentioned. No industry has been immune, with everything from REITs to insurance, banks to utilities taking a hit. It provides security software solutions to companies across various sectors, including automotive, medical, and industrial automation. Not to alarm you, but you’re about to miss an important event. The company owns Sutton, Oxford Learning, Mr. Lube and Mr. Mikes among other local brands with multiple outlets across Canada. Thus, both the near-term and long-term growth potential of the company looks strong. Some of Canada's best stocks like Rogers Sugar Inc. (TSX:RSI), Extendicare Inc. (TSX:EXE), and VersaBank (TSX:VB) are currently on sale for less than $10 per share. In Canada, there are a large number of publicly traded companies with a track record of sharing profits with investors year after year, in the form of regular dividend payments. Stocks that trade in the $5 to $10 range are generally less risky than their penny stock counterparts. It has reduced its workforce, sold excess assets, and has automated the packaging activities. And about that dividend – Lundin pays a 1.9% yield, which is decent for the mining space. Meanwhile, with the reopening of the economies across the world, the automotive sector is also gradually recovering. Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. Of course, it’s the multiplier that counts when it comes to share price appreciation. Enter your email address below to get started now, and join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. Best Canadian Dividend Stocks – Top 10. SHARE. Canada’s Best Dividend Stocks 2020 By Mark Brown on December 16, 2019 We’ve graded the largest, most liquid Canadian dividend stocks based on Yield, Stability and Value. This New CRA Adjustment Means Lower Taxes in 2021, 3 Pot Stocks to Avoid Like the Plague in 2021, 2021 TFSA Contribution Room: 2 Dividend Stocks I’d Buy With $6,000, HEXO stock could double over the next three years. Use this page to find the top and bottom performing stocks under $10, updating throughout the trading day. The Motley Fool owns shares of and recommends Zoom Video Communications. © 2021 The Motley Fool Canada, ULC. And just look at that momentum: this stock has the ability to rally hard. Dividend stocks have long been admired for their ability to create income for investors regardless of market conditions. Plus, investors buying shares now can lock in that juicy yield. Amid such a bullish backdrop, let’s focus on stocks that are trading under $10 a share. Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. Small- and medium-sized business owner… While the long-term outlook for fossil fuels is weakening, a post-pandemic rally could see fuel demand rocketing. This is your chance to get in early on what could prove to be very special investment advice. We plan to continue adding shares of these stocks as … So if you’re tired of reading about other people getting rich in the stock market, this might be a good day for you. If you’re looking for cheap dividend stocks, one thing is important to remember above all else: Many stocks have a low price for a reason. Renowned Canadian investor Iain Butler just named 10 stocks for Canadians to buy TODAY. Looking for a few great dividend-paying stocks to … Oil stocks not safe enough for you? So, the company is well positioned to ride out this crisis. Current as of January 15, 2021. In 2020 we have seen some of the most classically defensive sectors take a comprehensive hiding. Also, the company recently launched its medical cannabis products in Israel. And lock in one of the lowest prices we’ve EVER offered for our stock-picking service that's beating the market by nearly 4X! Returns since inception, October 2013. All rights reserved. Explore these dividend stocks under $10. Dividend Stocks. Unfortunately, the pandemic has taken the shine off senior living stocks — and perhaps rightly so. This is certainly food for thought, especially for investors looking for names that could rally on a recovery. “This could prove far less sustainable than a stock that offers steady appreciation over the long term.”. For investors seeking out some thoroughly chewed over names in the hydrocarbon fuel space, Vermilion is a strong buy. All rights reserved. This is your chance to get in early on what could prove to be very special investment advice. , ” I wrote a long-term stock portfolio momentum specific to the pandemic, many businesses have taken their online... 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