Updated on July 14th, 2026By Ben Reynolds
This collection of 13 stocks all have low share prices under $10 and high dividend yields above 4.0%.
All other things equal, the higher the dividend yield, the better. A higher dividend yield means more passive income for every dollar invested.
And a lower share price can be compelling for individual investors. Low share prices mean you can acquire more shares for the same dollar amount.
Caveat: Share price is not particularly relevant. It’s the value you get per share that matters. But many investors do pay attention to share price, and it can matter when an investor has smaller capital to deploy.
Also, don’t miss our free high dividend stocks list spreadsheet. it has metrics that matter on every 4.0%+ dividend yield security we cover in the Sure Analysis Research Database.
Keep reading to see analysis on the 13 securities in our 900+ security Sure Analysis Research Database that match the following criteria:
Based in the U.S.
Shares trading below $10.00
Sorted by yield, highest to lowest(Top 13 highest yields from the above criteria)
Important Note: The high yield stocks in this article are risky. We cover them, which does not mean we recommend them. I would not recommend any of the securities below.
The 13 low price high-yield securities are listed below, from lowest yield to highest.
Table of Contents
Low-Priced High Dividend Stock #13Blue Owl Capital (OWL)
Dividend yield: 9.9%
Share price: $9.27
Blue Owl Capital Inc. (OWL) is one of the world’s largest alternative asset managers that offers primarily permanent capital solutions to clients.
Headquartered in New York City and public since 2021, the firm has scaled rapidly to $314.9 billion in assets under management as of March 31, 2026. Its business is built on three core pillars:
Credit
Real Assets
GP Strategic Capital
The firm is anchored by its permanent capital base, which comprises $224.8 billion of its total AUM. This ensures that a super majority of its management fees are derived from permanent capital vehicles, which insulates it from the volatility typically associated with performance-based assets.
Deep Dive: Click here to download (for free) our most recent 3-Page Sure Analysis PDF report on OWL.
Low-Priced High Dividend Stock #12PennantPark Floating Rate Capital (PFLT)
Dividend yield: 13.5%
Share price: $7.13
PennantPark Floating Rate Capital Ltd. (PFLT) is a U.S.-based business development company (BDC) that invests primarily in floating-rate senior secured loans and other debt instruments issued by middle-market companies.
The firm’s investment strategy centers on generating current income and long-term capital appreciation by providing financing solutions to private equity-backed and other established businesses.
Managed by PennantPark Investment Advisers, the company leverages its credit expertise across a diversified portfolio of first lien and second lien loans, seeking to produce stable net investment income while maintaining disciplined risk and credit controls within its lending portfolio.
PFLT also offers monthly distributions to shareholders, reflecting its focus on yielding income for investors.
As of March 31, 2026, the BDC’s portfolio was valued at $2.58 billion and consisted of 162 companies with an average investment size of $15.9 million and had a 9.8% weighted average yield on debt investments.
Deep Dive: Click here to download (for free) our most recent 3-Page Sure Analysis PDF report on PFLT.
Low-Priced High Dividend Stock #11BCP Investment Corporation (BCIC)
Dividend yield: 14.7%
Stock price: $7.35
BCP Investment Corporation is an externally managed business development company focused on generating current income, and secondarily capital appreciation, by lending to and investing in middle-market companies.
It mainly invests in first- and second-lien secured loans, mezzanine debt, and selected equity-linked instruments, and also has smaller exposures to joint ventures and CLO fund securities.
BCP targets privately held businesses with EBITDA of about $10 million to $50 million. BCP is managed by Sierra Crest Investment Management, an affiliate of BC Partners.
As of Q1 2026, its investment portfolio totaled $477 million at fair value across 108 portfolio companies. Its debt investment portfolio totaled $384 million at fair value across 72 portfolio companies and 33 industries.
BCP pays dividends on a monthly basis.
Deep Dive: Click here to download (for free) our most recent 3-Page Sure Analysis PDF report on BCIC.
Low-Priced High Dividend Stock #10Horizon Technology Finance Corp. (HRZN)
Dividend yield: 15.5%
Stock price: $4.66
Horizon Technology Finance Corp. is a BDC (Business Development Company) that provides secured loans to venture-backed small and medium-sized companies, primarily in:
Life science (50.4% of debt portfolio)
Technology (31.0% of debt portfolio)
Healthcare information and services (13.1% of debt portfolio)
Sustainability (6.6% of debt portfolio)
The company aims to generate attractive risk-adjusted returns through directly originated senior secured loans, while also retaining upside through warrants and other equity-linked positions, with its annualized debt investment yield at 15.2% in the most recent quarter.
Horizon Technology net investment income of around $44 million last year and is based in Farmington, Connecticut.
Deep Dive: Click here to download (for free) our most recent 3-Page Sure Analysis PDF report on HRZN.
Low-Priced High Dividend Stock #9Stellus Capital (SCM)
Dividend yield: 16.7%
Stock price: $8.16
Stellus Capital Management is a business development company, or BDC, that bills itself as a flexible source of capital for the middle market.
The company 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.
The company was formed in 2012, should produce just under $100 million in revenue for 2026, and has a $254 million market cap.
Deep Dive: Click here to download (for free) our most recent 3-Page Sure Analysis PDF report on SCM.
Low-Priced High Dividend Stock #8Shutterstock Inc. (SSTK)
Dividend yield: 17.8%
Price: $8.11
Shutterstock sells high-quality creative content for brands, digital media and marketing companies through its global creative platform.
Shutterstock’s platform hosts the most extensive and diverse collection of high-quality 3D models, videos, music, photographs, vectors and illustrations for licensing. The $592 million company reported $990 million in revenues last year and is headquartered in New York, New York.
The company had reached a deal with Getty to be acquired, but the deal fell through.
This caused Shutterstock’s stock to plummet to deep value territory, where it is currently.
And more recently, the company’s CEO stepped down.
Deep Dive: Click here to download (for free) our most recent 3-Page Sure Analysis PDF report on SSTK.
Low-Priced High Dividend Stock #7Orchid Island Capital (ORC)
Dividend yield: 17.8%
Share price: $6.73
Orchid Island Capital, Inc. (ORC) is a Real Estate Investment Trust (REIT) operating in the mortgage industry, externally managed by Bimini Advisors LLC.
Unlike traditional REITs that own physical real estate, it is a purely financial entity that invests in residential mortgage-backed securities (RMBS), either pass-through or structured agency RMBSs, which are financial instruments that collect cash flow based on residential mortgage loans.
ORC’s portfolio is entirely composed of Agency RMBS backed by single-family residential mortgage loans, and it generates income through the spread between borrowing costs on short-term repurchase agreements and the yield earned on its mortgage-backed securities portfolio.
As of March 31, 2026, the company’s RMBS portfolio had a fair value of $11.3 billion.
Deep Dive: Click here to download (for free) our most recent 3-Page Sure Analysis PDF report on ORC.
Low-Priced High Dividend Stock #6Invesco Mortgage Capital (IVR)
Dividend yield: 18.3%
Stock price: $7.87
Invesco Mortgage Capital is a Maryland real estate investment trust focused on investing in, financing, and managing mortgage-backed securities and other mortgage-related assets.
Its investment portfolio is centered on Agency RMBS and Agency CMBS, with historical investments also such as non-Agency RMBS, non-Agency CMBS, TBAs, unconsolidated real estate-related ventures, and U.S. Treasury securities.
The company conducts its business through IAS Operating Partnership L.P. and is externally managed by Invesco Advisers, Inc., an indirect subsidiary of Invesco Ltd.
The company has no employees of its own and relies on its external manager for investment, risk management, and operational support. Last year, it recorded $295.3 in dividend and interest income. It now trades at a market cap of $757 million.
Deep Dive: Click here to download (for free) our most recent 3-Page Sure Analysis PDF report on IVR.
Low-Priced High Dividend Stock #5Prospect Capital (PSEC)
Dividend yield: 18.5%
Stock price: $2.27
Prospect Capital Corporation is a business development company, or BDC. It 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.
The company went public in 2004 and currently has a market capitalization of $1.2 billion. Prospect produces about $630 million in annual revenue.
We note that Prospect has had to file amended 1099 tax forms at times in the past, causing additional work for those that own shares when filing taxes for dividends received from the company.
Deep Dive: Click here to download (for free) our most recent 3-Page Sure Analysis PDF report on PSEC.
Low-Priced High Dividend Stock #4CION Investment Corporation (CION)
Dividend yield: 18.7%
Stock price: $6.42
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 the end of Q1 2026, CION had investments in 89 portfolio companies, with a diversified credit portfolio concentrated at the top of the capital structure.
By industry exposure, the largest allocations were to:
Business Services (14.0%)
Healthcare & Pharmaceuticals (11.8%)
Retail (10.7%)
Energy: Electricity (8.4%)
Media: Diversified & Production (6.8%)
The remaining 48.3% is spread across industries each representing less than 6.8% of the portfolio.
The investment mix remains conservative, with 80.8% in senior secured first-lien debt.
CION generated $240.8 million in total investment income last year. It now trades with a market cap of $321 million.
Deep Dive: Click here to download (for free) our most recent 3-Page Sure Analysis PDF report on CION.
Low-Priced High Dividend Stock #3Ellington Credit Co. (EARN)
Dividend yield: 21.8%
Stock price: $4.40
Ellington Credit Company is a closed-end fund focused on corporate CLOs, primarily mezzanine debt and equity tranches.
The corporation trades on the NYSE under the ticker symbol EARN.
EARN is headquartered in Old Greenwich, Connecticut and is a small-cap company with a market capitalization of $166 million.
Ellington Credit Company is externally managed by an affiliate of Ellington Management Group, LLC.
In April 2024, Ellington Residential Mortgage REIT changed its name to Ellington Credit Company, and announced its intention to transform into a collateralized loan obligations (“CLOs”)-focused company, moving away from its focus on MBS. On January 17, 2025, shareholders voted and approved of the conversion.
On April 1st, 2025, Ellington Credit completed its conversion into a CLO-focused closed-end fund.
Deep Dive: Click here to download (for free) our most recent 3-Page Sure Analysis PDF report on EARN.
Low-Priced High Dividend Stock #2PennantPark Investment Corporation (PNNT)
Dividend yield: 28.1%
Stock price: $3.42
PennantPark Investment Corporation (PNNT) 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 March 31st, 2026, PNNT had a $1.20 billion investment portfolio across 162 companies, with a weighted average yield on interest-bearing debt investments of 10.9%.
The portfolio consisted of:
40% First-lien secured debt
2% Second-lien secured debt
17% Subordinated debt
24% Preferred and common equity
17% U.S. Government Securities
The interest-bearing debt portfolio was 88% variable rate, and four portfolio companies were on non-accrual, representing 1.3% of the portfolio at fair value. PNNT pays dividends on a monthly basis.
Deep Dive: Click here to download (for free) our most recent 3-Page Sure Analysis PDF report on PNNT.
Low-Priced High Dividend Stock #1Oxford Square Capital (OXSQ)
Dividend yield: 28.2%
Stock price: $1.49
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. The BDC is headquartered in Greenwich, Connecticut.
At the end of Q1 2026, the total fair value of Oxford Square’s investment portfolio was about $235.4 million across 64 individual positions, allocated as follows:
64.1% to senior secured debt,
30.6% to CLO equity,
and roughly 5.3% to other investments.
The senior secured debt exposure consisted of 55.1% in first-lien secured debt and 9.0% in second-lien secured debt.
The BDC generated $40.3 million in total investment income last year.
Deep Dive: Click here to download (for free) our most recent 3-Page Sure Analysis PDF report on OXSQ.
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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