Many investors look at expensive stocks like Amazon.com
(AMZN) or Google parent Alphabet (GOOGL), and they wonder why they should
bother with an investment so pricey they can only buy one or two shares.
Instead, they target cheap stocks they can buy for just $20, $15, $10 … or even
less.
However, it's important to remember that one share worth
$1,000 is really the same as 1,000 shares at $1 – it's just sliced up
differently.
Still, it's undeniable that many investors simply aren't
interested in shares that trade for hundreds or even thousands of dollars.
That's particularly true for income-oriented investors, who see plenty of
high-priced stocks like Amazon that don't even pay a penny in dividends.
If you're looking for cheap dividend stocks and frustrated
by the lack of options, check out the following list of 15 picks under $15. All
are cheap dividend stocks that offer 3% yields or better at current prices, and
have a decent amount of potential despite their relatively low profiles.
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