Now we are going to learn more about the best dividend paying stocks to buy under $50, by reading through Insider Monkey’s latest article. Generally, stocks don’t remain stable through times, especially in a falling market, but dividends bring you profits either the market is up or down. Therefore, if you are planning to balance out your portfolio, it can be a good idea to invest in dividends. However, stocks that pay dividends adjust downwards due to lowering the market cap of their company. Investors buy dividend stocks, expecting considerable capital gains, and they are pleased to get dividends while they wait for the stocks’ price to go up. The COVID-19 pandemic hit the stock market as well, but there’s hope to get herd immunity soon, as Pfizer announced to have developed a very promising vaccine against coronavirus, and lots of Americans will be vaccinated in the next months. This will help the world economy and stock markets to recover soon.
And now, without a further ado, let’s check out what Insider Monkey has investigated for us. At first, on the fifth spot, there’s Altice USA Inc (NYSE: ATUS), with 62 hedge funds, total hedge fund holdings of $3.52 billion, 5.83% dividend yield and price of $34.90. Great numbers, right? Altice is a United States headquartered cable manufacturer, that has more than 5 million customers in 21 states. Investors have had increasing interests in Altice this year. In the third quarter, Altice USA reported majorly flat profits year-over-year. Intel Corporation (NASDAQ: INTC) stands on the third spot, with having 66 hedge funds, total hedge fund holdings of $4. b34 illion, 2.65% dividend yield and price of $49.73. Intel is a mammoth company, operating in microchip & hardware tech reported $25.5 billion cash in the third quarter of 2020. If you want to gain more useful information, please jump to best dividend paying stocks to buy under $50.
Pixabay/Public domain
