Cheap Dividend Stocks Under $5 - in 2024

Investing in dividend stocks under $5 offers a unique opportunity for both new and seasoned investors looking for affordable ways to generate passive income. Stocks in this price range often come from emerging or recovering companies with the potential for significant growth, while still paying out dividends. These low-cost investments allow for portfolio diversification without a large upfront commitment, making them appealing for those with limited capital. We'll explore a list of cheap dividend stocks under $5 that can help you tap into steady income streams and potential long-term gains.

StockDividend YieldPay-out RatioP/E RatioP/B RatioROE5y Dividend Growth10y Dividend Growth
Ambev6.95%84.74%14.30%2.03%0.16%-0.23%-13.13%
Bancontander5.23%0.00%5.90%0.75%0.13%-12.79%-16.51%
Itaú Unibanco7.84%54.62%8.50%1.65%0.20%-23.03%-7.33%
Cenovus Energy3.61%39.40%11.07%1.40%0.13%18.54%-8.73%
Lloyds Banking6.95%0.00%6.53%0.71%0.12%-4.91%0.00%
Kinross Gold1.24%20.25%16.10%1.80%0.12%0.00%0.00%
B2Gold4.17%-25.27%-5.14%1.24%-0.20%0.00%0.00%
Nokia3.44%173.43%52.63%1.04%0.02%0.00%0.00%
Telefónica7.23%-151.24%-20.78%1.18%-0.07%-6.50%-3.54%
Suncor Energy4.27%34.85%8.77%1.56%0.18%5.52%7.85%
Crescent Point Energy3.18%-458.00%-129.65%1.18%-0.01%6.73%4.56%
Gold Fields2.64%54.64%20.17%2.83%0.14%48.64%17.20%
Sibanye Stillwater-%-3.54%-3.97%4.82%-1.14%0.00%0.00%
Gerdau4.18%38.14%8.65%0.75%0.09%25.33%11.74%
Pan American Silver1.82%-310.48%-169.18%1.72%-0.01%23.36%-2.21%
Barrick Gold2.14%43.24%18.83%1.29%0.07%14.50%-2.86%
Vermilion Energy3.32%-8.51%-2.76%0.80%-0.28%-31.83%-19.03%
Vale9.35%65.65%4.54%1.10%0.24%17.48%3.47%
Arch Resources2.50%50.87%17.70%2.20%0.12%46.13%0.00%
AGNC Investment14.77%101.04%6.83%0.82%0.13%-7.79%-9.13%
Companhia Energética de Minas Gerais3.20%54.68%5.59%1.25%0.24%-7.50%-22.24%
Antero Midstream5.74%112.21%19.34%3.54%0.18%14.77%0.00%
Southern Copper2.04%61.44%26.21%8.90%0.37%23.43%19.42%
Companhia Paranaense de Energia - COPEL2.37%33.83%12.89%1.50%0.12%-8.18%-9.91%
Enerplus1.79%12.97%10.63%3.29%0.32%19.70%-14.29%
Teekay Tankers7.45%24.33%3.29%0.80%0.25%0.00%0.00%
PBF Energy3.23%-50.56%-12.49%0.62%-0.05%-6.66%0.00%
International Game Technology4.15%129.55%31.63%2.63%0.08%0.00%7.73%
PennantPark Floating Rate Capital11.16%75.16%7.66%0.92%0.14%4.41%1.43%
MFA Financial12.50%96.43%5.72%0.62%0.11%11.84%-1.57%
Nordic American Tankers14.24%155.79%9.99%1.17%0.12%47.58%-2.64%
Annaly Capital Management13.07%1249.68%88.35%0.82%0.01%16.72%5.65%
Centrais Elétricas Brasileiras - Eletrobrás1.27%8.51%8.26%0.69%0.09%0.00%0.00%
Baytex Energy2.29%-20.75%-9.42%0.83%-0.09%0.00%0.00%
Genesis Energy5.24%-659.91%-58.65%0.90%-0.02%-22.16%-11.41%
PG&E0.18%3.11%16.74%1.72%0.11%0.00%0.00%
SFL9.75%95.50%10.01%1.25%0.13%-7.08%-1.86%
Scorpio Tankers3.77%11.39%3.44%0.87%0.26%92.23%23.23%
Frontline11.80%77.70%6.58%1.53%0.23%0.00%0.00%
Dynex Capital13.68%122.93%10.88%0.83%0.09%16.72%3.37%
Hecla Mining0.74%557.33%909.80%1.65%0.00%25.39%5.88%
Harmony Gold Mining1.42%16.26%12.34%0.14%0.02%0.00%0.00%
Companhia Siderúrgica Nacional6.90%-193.27%-12.10%1.16%-0.08%0.00%0.00%
Pitney Bowes2.48%-9.16%-3.69%-2.78%0.91%-23.23%-14.31%
Ellington Financial13.14%121.49%8.10%0.68%0.09%1.88%-7.27%
Monroe Capital11.78%157.64%12.55%0.92%0.07%-6.51%-3.03%