Best Dividend Stocks Under $5

11. Diversified Healthcare Trust (NASDAQ:DHC)

Share Price as of October 27: $1.20

Diversified Healthcare Trust (NASDAQ:DHC) is an American real estate investment trust company that owns and managed high-quality healthcare properties across 36 states in the US. At the end of June 2022, the company had approximately $868.4 million available in cash and cash equivalents, compared with $634.8 million six months ago. The company’s revenue in Q2 2022 amounted to $313 million.

Diversified Healthcare Trust (NASDAQ:DHC) has not raised its dividend since the pandemic of 2020 unlike some of the best dividend stocks like Altria Group, Inc. (NYSE:MO), JPMorgan Chase & Co. (NYSE:JPM), and Pfizer Inc. (NYSE:PFE), which raised their dividends during this period. However, the company paid regular dividends to shareholders over these years. The company currently offers a quarterly dividend of $0.10 per share and has a dividend yield of 3.33%, as of October 27.

As per Insider Monkey’s Q2 2022 database, 24 hedge funds owned stakes in Diversified Healthcare Trust (NASDAQ:DHC), up from 21 in the previous quarter. These stakes have a collective value of over $32.7 million.

10. Lloyds Banking Group plc (NYSE:LYG)

Share Price as of October 27: $1.94

Lloyds Banking Group plc (NYSE:LYG) is one of the UK’s largest financial services companies with over 30 million customers worldwide. In October, JPMorgan maintained an Overweight rating on the stock with a 56 GBP price target, appreciating the company’s earnings in the recent quarter.

In the first half of FY22, Lloyds Banking Group plc (NYSE:LYG) paid £550 million in dividends to shareholders. The company has also completed £1.3 billion worth of its share buyback program. Its net interest income for this period came in at £6.14 billion, up 13.3% from the same period last year.

Lloyds Banking Group plc (NYSE:LYG) currently pays a quarterly dividend of $0.038 per share. The stock has a dividend yield of 5.32%, as recorded on October 27.

At the end of Q2 2022, 9 hedge funds tracked by Insider Monkey owned stakes in Lloyds Banking Group plc (NYSE:LYG), up from 8 in the previous quarter. The collective value of these stakes is over $31.6 million. With roughly 10 million shares, Arrowstreet Capital was the company’s largest stakeholder in Q2.

9. Mizuho Financial Group, Inc. (NYSE:MFG)

Share Price as of October 27: $2.24

Mizuho Financial Group, Inc. (NYSE:MFG) is a Tokyo-based bank holding company that offers financial and strategic services to its consumers. In fiscal Q1 2022, the company reported an ordinary income of 1.24 trillion JPY, which shows a 67.6% growth from the same period last year. It reported roughly 54 trillion JPY in cash and due from the banks at the end of the quarter.

Mizuho Financial Group, Inc. (NYSE:MFG) currently pays a quarterly dividend of 20 JPY and has a dividend yield of 6.88%, as of October 27.

In August, Daiwa upgraded Mizuho Financial Group, Inc. (NYSE:MFG) to Outperform with a 1,700 JPY price target, appreciating the company’s strong earnings and strategic management.

As of the close of Q2 2022, 7 hedge funds tracked by Insider Monkey owned stakes in Mizuho Financial Group, Inc. (NYSE:MFG), compared with 8 in the previous quarter. These stakes have a total value of over $8 million. Among these hedge funds, Renaissance Technologies owned the largest stake in the banking company, worth nearly $9 million.

8. Silvercorp Metals Inc. (NYSE:SVM)

Share Price as of October 27: $2.53

Silvercorp Metals Inc. (NYSE:SVM) is a Canadian precious metals company that is involved in the exploration and development of silver-containing properties. The company pays dividends twice a year. Currently, it pays a semi-annual dividend of $0.0125 per share, with a dividend yield of 0.99%.

In August, Silvercorp Metals Inc. (NYSE:SVM) announced a share repurchase program for over 7 million of its common shares. These shares represent approximately 4% of the company’s 177 million shares outstanding as of August. The program will expire in August 2023.

In fiscal Q1 2023, Silvercorp Metals Inc. (NYSE:SVM) reported revenue of roughly $64 million, up from $58.8 million during the same period last year. At the end of June, the company had over $150.2 million available in cash and cash equivalents, compared with $113.3 million six months ago. The company is one of the best dividend stocks on our list as it paid nearly $2.2 million to shareholders in dividends during Q1.

At the end of Q2 2022, 8 hedge funds in Insider Monkey’s database owned stakes in Silvercorp Metals Inc. (NYSE:SVM), the same as in the previous quarter. These stakes have a total value of $26.4 million, compared with $37.2 million worth of stakes owned by hedge funds in the preceding quarter. Sprott Asset Management was one of the company’s most prominent stakeholders in Q2.

7. New York Mortgage Trust, Inc. (NASDAQ:NYMT)

Share Price as of October 27: $2.62

New York Mortgage Trust, Inc. (NASDAQ:NYMT) is an American real estate investment trust company that delivers stable distributions to its customers. In October, B. Riley maintained a Buy rating on the stock with a $5 price target. The firm expects the company to generate stable results in the upcoming quarter and also presented a positive outlook on fixed-income markets.

New York Mortgage Trust, Inc. (NASDAQ:NYMT) currently pays a quarterly dividend of $0.10 per share and has a dividend yield of 15.27%, as of October 27.

In the second quarter of 2022, New York Mortgage Trust, Inc. (NASDAQ:NYMT) reported an operating cash flow of over $40 million, compared with $38.1 million in the previous quarter. The company’s total net interest income came in at $26.1 million. It also reported a portfolio net interest margin of 3.48% and a book value of $4.06 per share.

As of the end of the June quarter, 9 hedge funds in Insider Monkey’s database owned stakes in New York Mortgage Trust, Inc. (NASDAQ:NYMT), down from 12 in the preceding quarter. These stakes are collectively valued at over $35 million. With over 5 million shares, Balyasny Asset Management was the company’s leading stakeholder in Q2.

6. Harmony Gold Mining Company Limited (NYSE:HMY)

Share Price as of October 27: $2.86

Harmony Gold Mining Company Limited (NYSE:HMY) is the largest gold mining company in South Africa. The company possesses nine underground mines and several surface operations in the country. Recently, the company announced the acquisition of the Eva Copper project in Australia for $170 million plus a contingent payment of over $60 million. The acquisition is made to extend its diversification into copper.

In September, UBS expressed concerns regarding the company’s earnings but the firm recommends increasing exposure to gold. In view of this, the firm maintained a Neutral rating on Harmony Gold Mining Company Limited (NYSE:HMY) with a ZAR 47 price target.

On October 12, Harmony Gold Mining Company Limited (NYSE:HMY) announced an interim dividend of $0.01 per share, consistent with its previous dividend. As of October 27, the stock’s dividend yield came in at 1.38%. The company can be a good addition to dividend portfolios due to its different dividend policy alongside some of the best dividend stocks like Altria Group, Inc. (NYSE:MO), JPMorgan Chase & Co. (NYSE:JPM), and Pfizer Inc. (NYSE:PFE).

At the end of Q2 2022, 8 hedge funds tracked by Insider Monkey reported owning stakes in Harmony Gold Mining Company Limited (NYSE:HMY), down from 11 in the previous quarter. These stakes have a total value of over $108.5 million.

5. Nordic American Tankers Limited (NYSE:NAT)

Share Price as of October 27: $3.10

Nordic American Tankers Limited (NYSE:NAT) is a Bermuda-based international tanker company that has a fleet of approximately 22 vessels. In September, the company announced a sales agreement for a 2003-built Suezmax tanker. The vessel is being sold for $21 million which will help the company to reduce its net debt.

On September 13, Nordic American Tankers Limited (NYSE:NAT) declared a 50% hike in its quarterly dividend to $0.03 per share. This was the company’s second consecutive quarterly dividend growth. Moreover, the company has been making uninterrupted dividend payments for the past 100 quarters, which makes it one of the best dividend stocks on our list. As of October 27, the stock has a dividend yield of 2.58%.https://da96e3508ab77352d4bb75e3928eb508.safeframe.googlesyndication.com/safeframe/1-0-40/html/container.html

In September, Jefferies upgraded Nordic American Tankers Limited (NYSE:NAT) to Buy while lifting the stock’s price target to $4. The firm gave a positive outlook on tanker stocks considering growing demand due to the Russian war.

At the end of Q2 2022, 7 hedge funds tracked by Insider Monkey owned stakes in Nordic American Tankers Limited (NYSE:NAT), the same as in the previous quarter. The collective value of these stakes is over $16.8 million. With over 2.7 million shares, Millennium Management was the company’s leading stakeholder.

4. Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC)

Share Price as of October 27: $3.31

Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) is a Turkish leading mobile phone operator with millions of subscribers. In August, JPMorgan raised its price target on the stock to TRY 22.55 with a Neutral rating on the shares, highlighting the growth in the company’s customer base.

On July 25, Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) declared a quarterly dividend of $0.058 per share, in line with its previous dividend. The company has been making continuous dividend payments since 2004, coming through as one of the best dividend stocks. As of October 27, the stock has a dividend yield of 9%.

As of the close of Q2 2022, 7 hedge funds in Insider Monkey’s database owned stakes in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC), up from 6 in the previous quarter. These stakes have a consolidated value of over $35.4 million, compared with $19 million worth of stakes owned by hedge funds in the previous quarter.

3. Banco Bradesco S.A. (NYSE:BBD)

Share Price as of October 27: $3.50

Banco Bradesco S.A. (NYSE:BBD) is a Brazilian financial services company that is one of the largest banking institutions in the country. The company pays monthly dividends to its shareholders. On September 1, it declared a 6.3% growth in its monthly dividend to $0.0034 per share. The stock has a dividend yield of 3.39%, as recorded on October 27.

In the second quarter of 2022, Banco Bradesco S.A. (NYSE:BBD) remained committed to shareholder return. The company paid R$1.1 billion to shareholders in monthly dividends and also returned R$3.7 billion in supplementary dividends. The company’s operating cash flow for the quarter came in at R$28 billion.

In September, Goldman Sachs raised its price target on Banco Bradesco S.A. (NYSE:BBD) to $5.40 and maintained a Buy rating on the shares. The firm sees a good risk/return in Brazilian banks due to ongoing industry trends. The firm also mentioned that Brazil has shown better-than-expected GDP growth.

At the end of June 2022, 14 hedge funds tracked by Insider Monkey owned stakes in Banco Bradesco S.A. (NYSE:BBD), compared with 17 in the previous quarter. These stakes have a collective value of over $155.5 million. Fisher Asset Management was the company’s largest stakeholder in Q2.

2. BlackRock Capital Investment Corporation (NASDAQ:BKCC)

Share Price as of October 27: $3.67

BlackRock Capital Investment Corporation (NASDAQ:BKCC) is a New York-based company that provides flexible financing solutions to middle-market companies. The company reported a strong cash position in Q2 2022 with over $22.4 million available in cash and cash equivalents. It also had nearly $120 million available under its credit facility. The company’s revenue for the quarter saw a 13% year-over-year growth at $12.2 million.

On August 3, BlackRock Capital Investment Corporation (NASDAQ:BKCC) declared a quarterly dividend of $0.10 per share, in line with its previous dividend. The company has not raised its payouts since the pandemic but paid regular dividends over these years. As of October 27, the stock has a dividend yield of 10.9%.

The number of hedge funds tracked by Insider Monkey owning stakes in BlackRock Capital Investment Corporation (NASDAQ:BKCC) stood at 5 in Q2 2022, compared with 9 in the previous quarter. These stakes have a consolidated value of over $3.8 million.

1. Sachem Capital Corp. (NYSE:SACH)

Share Price as of October 27: $3.83

Sachem Capital Corp. (NYSE:SACH) is an American real estate finance company that specializes in managing a portfolio of first mortgage loans. Recently, the company announced to repurchase of approximately $7.5 million worth of its shares in the open market at prevailing market prices. The share repurchase program was authorized by the company’s management.

Sachem Capital Corp. (NYSE:SACH) started paying dividends in 2017 and has paid regular dividends since then. Over these years, it has raised its dividends at a CAGR of 36.3%. In July, the company grew its quarterly dividend by 17% to $0.14 per share. As of October 27, the stock has a dividend yield of 14.62%. In Q2 2022, the company paid approximately $4 million to shareholders in dividends.

At the end of Q2 2022, 4 hedge funds tracked by Insider Monkey owned positions in Sachem Capital Corp. (NYSE:SACH), the same as in the previous quarter. The stakes owned by these hedge funds have a collective value of over $2 million. Two Sigma Advisors was the company’s leading shareholder in Q2.