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 Motor8.42%88.50%12.45%0.99%0.08%11.36%12.07%
VEON-%0.00%3.56%2.52%0.65%0.00%0.00%
Annaly Capital Management13.18%1249.68%87.59%0.82%0.01%16.72%5.65%
AGNC Investment14.89%101.04%6.77%0.81%0.13%-7.79%-9.13%
Energy Transfer8.90%110.76%12.11%1.33%0.13%0.24%-7.20%
MPLX9.40%80.24%11.10%3.51%0.32%4.98%11.89%
Petróleo Brasileiro - Petrobras14.01%105.25%5.62%1.29%0.22%85.45%0.00%
Southwestern Energy-%0.00%-2.84%2.08%-0.54%0.00%0.00%
Gerdau6.22%38.14%8.59%0.75%0.09%30.10%13.84%
Kinder Morgan5.10%100.24%24.55%2.05%0.08%9.19%-23.12%
Lumen Technologies-%-0.33%-3.58%22.38%-4.94%0.00%0.00%
Sirius XM3.42%-20.16%-5.59%0.78%-1.60%17.03%0.00%
Antero Midstream7.27%112.21%19.10%3.50%0.18%14.77%0.00%
Starwood Property Trust9.82%160.29%16.49%0.96%0.06%0.00%0.54%
Manulife Financial2.76%54.64%16.68%1.90%0.12%8.76%7.52%
SFL9.99%95.50%9.76%1.22%0.13%-7.08%-1.86%
Western Midstream Partners10.72%88.47%9.47%4.28%0.48%7.38%0.00%
Equitrans Midstream2.42%69.91%11.85%3.09%0.26%0.00%0.00%
Gladstone Investment19.03%182.05%13.25%1.10%0.08%21.51%14.50%
Oxford Lane Capital22.75%77.29%4.65%0.82%0.20%-10.51%-8.25%
Gladstone Capital5.91%56.63%7.61%1.30%0.18%3.11%1.54%
WhiteHorse Finance16.86%162.06%9.23%0.83%0.09%1.77%0.88%
Saratoga Investment14.43%124.16%16.48%0.94%0.06%6.48%0.62%
Ares Capital10.99%69.65%8.78%1.09%0.13%4.51%2.03%
Golub Capital BDC11.86%91.14%11.08%0.77%0.10%1.52%1.67%
PennantPark Investment12.80%148.00%10.73%0.93%0.09%2.26%-3.25%
Main Street Capital9.15%81.89%9.83%1.73%0.18%5.33%3.28%
FS KKR Capital16.95%199.05%11.27%0.89%0.08%28.26%0.00%
PennantPark Floating Rate Capital11.05%75.16%7.73%0.93%0.14%4.03%1.43%
SLR Investment12.51%92.46%9.24%0.90%0.10%0.01%-1.96%
Stellus Capital Investment11.45%93.20%7.56%1.00%0.14%3.30%1.63%
New Mountain Finance16.00%140.14%10.97%0.91%0.08%1.84%0.07%
OFS Capital21.07%-1595.62%-94.68%0.71%-0.01%-4.98%1.19%
Redwood Trust11.61%144.75%13.95%0.76%0.05%-9.66%-4.46%
Two Harbors Investment15.46%-54.81%-2.85%0.56%-0.19%2.24%6.02%
AG Mortgage Investment Trust9.79%42.06%2.75%0.37%0.13%-18.28%-12.70%
MFA Financial12.64%96.43%5.65%0.61%0.11%11.84%-1.57%
Cherry Hill Mortgage Investment22.39%-228.70%-6.77%0.34%-0.05%-19.35%4.81%
ARMOUR Residential REIT16.17%135.94%7.37%0.74%0.11%-2.98%9.24%
New York Mortgage Trust13.42%15264.20%655.18%0.37%0.00%8.45%1.06%