Best Dividend Stocks Under $20 - For High Returns in 2024

If you're looking to invest in dividend-paying stocks without breaking the bank, this list of top dividend stocks under $20 per share is a great starting point. These stocks offer investors an affordable way to build a portfolio while still receiving a steady income stream. With options spanning various sectors, including energy, real estate, and financial services, this collection provides diverse opportunities for income-focused investors.

StockDividend YieldPay-out RatioP/E RatioP/B RatioROE5y Dividend Growth10y Dividend Growth
Ford Motor7.51%88.50%11.71%0.93%0.08%11.36%12.07%
VEON-%0.00%12.60%2.72%0.20%0.00%0.00%
Annaly Capital Management13.07%1249.68%88.35%0.82%0.01%16.72%5.65%
AGNC Investment14.88%101.04%6.78%0.81%0.13%-7.79%-9.13%
Energy Transfer6.70%110.76%12.84%1.85%0.14%0.24%-7.20%
MPLX7.27%80.42%11.31%3.57%0.32%4.98%11.89%
Petróleo Brasileiro - Petrobras10.41%103.68%5.52%1.27%0.22%85.45%0.00%
Southwestern Energy-%0.00%-2.84%2.08%-0.54%0.00%0.00%
Gerdau4.14%38.14%9.14%0.80%0.09%25.33%11.74%
Kinder Morgan4.26%100.24%23.50%1.96%0.08%9.19%-23.12%
Lumen Technologies-%-0.33%-3.02%18.82%-4.94%0.00%0.00%
Sirius XM1.22%-20.16%-6.40%0.90%-1.60%47.05%0.00%
Antero Midstream6.00%112.21%18.49%3.39%0.18%14.77%0.00%
Starwood Property Trust9.46%160.29%17.11%0.99%0.06%0.00%0.54%
Manulife Financial4.12%54.64%13.67%1.56%0.12%8.76%7.52%
SFL10.04%95.50%9.72%1.21%0.13%-7.08%-1.86%
Western Midstream Partners8.08%73.85%9.86%4.46%0.48%1.67%14.82%
Equitrans Midstream2.42%69.91%11.85%3.09%0.26%0.00%0.00%
Gladstone Investment6.95%182.05%13.29%1.11%0.08%21.51%14.68%
Oxford Lane Capital19.27%77.29%4.66%0.82%0.20%-10.51%-8.25%
Gladstone Capital8.76%45.55%6.25%1.24%0.21%3.19%1.58%
WhiteHorse Finance16.68%416.74%23.97%0.84%0.03%1.77%0.88%
Saratoga Investment13.70%124.16%15.61%0.89%0.06%6.48%0.62%
Ares Capital8.85%69.65%8.73%1.08%0.13%4.51%2.03%
Golub Capital BDC12.42%123.52%9.96%0.68%0.08%1.52%1.67%
PennantPark Investment13.01%134.91%9.27%0.92%0.10%2.26%-3.25%
Main Street Capital7.34%81.89%10.29%1.81%0.18%5.33%3.28%
FS KKR Capital16.79%199.05%11.37%0.90%0.08%28.26%0.00%
PennantPark Floating Rate Capital11.08%85.82%7.59%0.79%0.12%4.41%1.43%
SLR Investment9.74%92.46%9.49%0.92%0.10%0.01%-1.96%
Stellus Capital Investment11.57%81.38%7.48%0.99%0.14%3.30%1.63%
New Mountain Finance12.63%140.14%11.34%0.94%0.08%1.84%0.07%
OFS Capital15.76%-1595.62%-101.25%0.76%-0.01%-4.98%1.19%
Redwood Trust9.30%118.47%11.31%0.76%0.07%-9.66%-4.46%
Two Harbors Investment15.20%-54.81%-2.90%0.57%-0.19%2.24%6.02%
AG Mortgage Investment Trust8.74%42.06%2.85%0.38%0.13%-18.28%-12.70%
MFA Financial12.70%96.43%5.62%0.61%0.11%11.84%-1.57%
Cherry Hill Mortgage Investment22.14%-83.80%-2.51%0.35%-0.13%-19.35%4.81%
ARMOUR Residential REIT15.62%135.94%7.63%0.76%0.11%-2.98%9.24%
New York Mortgage Trust12.18%15264.20%722.24%0.41%0.00%8.45%1.06%