Renowned Canadian investor Iain Butler just named 10 stocks for Canadians to buy TODAY. With the company currently trading at 20% lower for this year, it provides an excellent entry-point for long-term investors. Returns since inception, October 2013. 2021 Kick-Off Flash Sale Ends at Midnight , 2 Top TSX Stocks Young Investors Should Buy and Hold Forever, Hooray! “This could prove far less sustainable than a stock that offers steady appreciation over the long term.”. Investors should therefore consider sidestepping currently overvalued pandemic-centric stocks. Explore these dividend stocks under $10. Simply click here to discover how you can take advantage of this. This stock is well diversified, spanning the safe haven of gold, the tech-and-renewables play of copper, and the versatility of zinc all in one stock. But looking toward the longer term, Extendicare should have the qualities needed to outrun the coronavirus. And about that dividend – Lundin pays a 1.9% yield, which is decent for the mining space. Extendicare’s share price is an appealing $5.77 at the time of writing, which means that investors can snap up a whole basketful of shares for very little outlay. Enter your email address below to get started now, and join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. And lock in one of the lowest prices we’ve EVER offered for our stock-picking service that's beating the market by nearly 4X! Stocks priced under $10 can represent an affordable asset to add to your portfolio. Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. Not to alarm you, but you’re about to miss an important event. Current as of January 15, 2021. So if you’re tired of reading about other people getting rich in the stock market, this might be a good day for you. I understand I can unsubscribe from these updates at any time. Best Canadian Dividend Stocks – Top 10. Current as of January 15, 2021. Some investors think that it's too challenging to find safe and affordable securities that … While the long-term outlook for fossil fuels is weakening, a post-pandemic rally could see fuel demand rocketing. High dividend yields can be a good indicator that companies are growing their free cash flow and are more likely to have better returns than their peers with lower yields. Are Cannabis Stock Investors Too Harsh on Organigram? The Canadian storage market is estimated to be at 90 million square feet spread across 2,500 stores. The company owns Sutton, Oxford Learning, Mr. Lube and Mr. Mikes among other local brands with multiple outlets across Canada. © 2021 The Motley Fool Canada, ULC. The Canadian stock market has recovered strongly from its March lows. Also, the company recently launched its medical cannabis products in Israel. April 9, 2020, 12:05 PM. Meanwhile, here are the top 10 buying opportunities for this month. Dividend Stocks. Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. Of course, it’s the multiplier that counts when it comes to share price appreciation. No industry has been immune, with everything from REITs to insurance, banks to utilities taking a hit. SHARE. Monthly dividend stocks reward investors with consistent, monthly income for retirement or overall portfolio growth. Unfortunately, the pandemic has taken the shine off senior living stocks — and perhaps rightly so. The best dividend stocks in Canada Buying a brand and charging franchisees to use it is a capital-efficient way to create a recurring source of long-term income. My second pick is a technology company BlackBerry (TSX:BB)(NYSE:BB). I wrote about this the other day, comparing the sense of buying Lundin with the folly of trusting Zoom’s rocketing share price. When looking for cheap stocks that pay a dividend, it’s important to be selective. Just Released! But in some cases, these stocks can generate strong returns for income investors. Benjamin Rains Zacks Published. The royalty business is fascinating. All rights reserved. Please read the Privacy Statement and Terms of Service for more information. Further, management expects to generate positive free cash flow in this fiscal. Again, it’s the multiplier that counts, so consider some of those momentum based percentages. 15 Cheap Dividend Stocks Under $15 If you're looking for cheap dividend stocks and frustrated by the lack of options, check out the following list of 15 picks under $15. So we took a look at the top-recommended stocks by Canadian investors and compiled a list of the top 10 right here.. Canadian stocks are performing well. Thus, both the near-term and long-term growth potential of the company looks strong. If you're looking for cheap dividend stocks, one thing is important to remember above all else: Many stocks have a low price for a reason. Diversified Royalty Corp.(TSX:DIV)is an industry leader with some easily-recognizable brands in its portfolio. However, some investors are reluctant to buy a stock like Amazon.com (ticker: AMZN) that costs more than $3,000 for a single share. For this year, the company expects to acquire assets in the range of $50 million to $75 million. MarketBeat has identified the twenty best stocks trading under $20.00 that you should consider for your portfolio. Here are seven cheap dividend stocks to consider. In their place, names with comeback charisma should form a “relief rally” segment in a stock portfolio. One thing to note is that we own all of these stocks in our portfolio and have no plan to sell any of them. Cheap dividend stocks like Extendicare Inc. (TSX:EXE), Cominar REIT (TSX:CUF.UN), and Mullen Group (TSX:MTL) are on sale right now. Also, given its strong growth prospects, attractive valuation, and stable balance sheet, I am bullish on BlackBerry. Fool contributor Rajiv Nanjapla has no position in any of the stocks mentioned. To make these lists, a stock must be trading under $10.00, have a positive (or negative) 52-week percent change, and strong Price/Earnings and Price/Sales ratios. This is your chance to get in early on what could prove to be very special investment advice. Use this page to find the top and bottom performing stocks under $10, updating throughout the trading day. Amid the pandemic, many businesses have taken their shops online. Oil stocks not safe enough for you? Today we have discovered four Canadian dividend stocks with yields of at … Are you looking for the best low-priced stocks trading under $20.00 to buy in 2021? In Canada, there are a large number of publicly traded companies with a track record of sharing profits with investors year after year, in the form of regular dividend payments. Amid such a bullish backdrop, let’s focus on stocks that are trading under $10 a share. Motley Fool Canada's market-beating team has just released a brand-new FREE report revealing 5 "dirt cheap" stocks that you can buy today for under $49 a share. “A stock like Zoom is focused on momentum specific to the pandemic,” I wrote. Fool contributor Nelson Smith owns shares of TRANSALTA CORPORATION. Also, an increased number of employees are working from their homes. Small- and medium-sized business owner… Despite the impact of the pandemic, the company’s revenue grew over 3% in its recently announced second quarter. So, the company is well positioned to ride out this crisis. Plus, investors buying shares now can lock in that juicy yield. How about a mining stock with a reliable dividend? But with so many options to choose from, it can get overwhelming to even start thinking about a stock to invest in.. Don’t Wait for a Stock Market Crash: Here Are 2 Top TSX Stocks to Buy in January, The 3 Best Monthly-Paying Dividend Stocks I’d Buy With $50 for 2021. 7 Best Dividend Stocks to Buy Under $10. The Motley Fool Canada » Cannabis Stocks » 3 TSX Stocks Under $10 That Could Double Your Money, Rajiv Nanjapla | August 21, 2020 | More on: BB HEXO BB HEXO SVI. However, in its recently reported third-quarter earnings, the company outperformed analysts’ sales expectations. Canada’s Best Dividend Stocks 2020 By Mark Brown on December 16, 2019 We’ve graded the largest, most liquid Canadian dividend stocks based on Yield, Stability and Value. Jeff Reeves. HEXO’s management is hopeful of reporting positive EBITDA by the first half of fiscal 2021. It provides security software solutions to companies across various sectors, including automotive, medical, and industrial automation. Meanwhile, with the reopening of the economies across the world, the automotive sector is also gradually recovering. All these initiatives could boost the company’s sales in the foreseeable future. Here’s a More Accurate View on Canada’s Housing Market Crash, 3 Pot Stocks to Avoid Like the Plague in 2021. Read full article. The Canadian stock market has recovered strongly from ... we will be focusing on three companies that are trading under $10 … Earlier, it had received the approval to expand its cannabis manufacturing and processing facility in Belleville to include the beverage production facility. So, given the healthy sales outlook and improving margins, I believe HEXO stock could double over the next three years. I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. If you’re looking for cheap dividend stocks, one thing is important to remember above all else: Many stocks have a low price for a reason. All rights reserved. This is your chance to get in early on what could prove to be very special investment advice. Revealed: 5 Incredibly Cheap Stocks Trading Under $10. I understand I can unsubscribe from these updates at any time. Looking for a few great dividend-paying stocks to … Click here to view your 2021 Kick-Off offer. EMAIL. SHARE. This New CRA Adjustment Means Lower Taxes in 2021, 3 Pot Stocks to Avoid Like the Plague in 2021, 2021 TFSA Contribution Room: 2 Dividend Stocks I’d Buy With $6,000, HEXO stock could double over the next three years. © 2021 The Motley Fool Canada, ULC. Jan 13, 2020 5:59PM EST. Fifth on this list on stocks to buy under $10 is Canadian cannabis producer Aphria (NYSE: APHA). Victoria ... join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. At the end of the first quarter, the company’s cash, cash equivalents, and investments stood at US$955 million. So let’s look at three areas that in times past would be considered safe – and likely will be again. Vermilion Energy (TSX:VET)(NYSE:VET) shares sell for a tempting $4.79 at the moment, down from a 52-week high of $24.47. Currently, the company trades 23% lower for this year due to the disruption caused by the pandemic in its end markets, primarily the automotive sector. In 2020 we have seen some of the most classically defensive sectors take a comprehensive hiding. Despite the strong recovery, few stocks are still trading at a fair valuation and provide excellent buying opportunities. List of Monthly Dividend Stocks Under $10 Meanwhile, the top 10 Canadian companies own less than 15% of these stores, indicating the sector is highly fragmented and provides an opportunity for inorganic growth. You might find marijuana stocks, dividend-paying stocks, large-cap stocks, growth stocks, small-cap stocks, and even some bitcoin stocks in this list. Cheap Dividend Stocks Under $10. At the same time, interest rates are near all-time lows (and probably dipping even lower). In a world of ratcheting upside in an unsustainable market catering to a logically finite pandemic, quality is king. However, the company is working on reducing its expenditures and improving its operational efficiency to move toward profitability. There are some solid dividend performers as well as some under-the-radar stocks in sectors like retail. Hurry, this flash sale will end at midnight…. Please read the Privacy Statement and Terms of Service for more information. Fool contributor Victoria Hetherington has no position in any of the stocks mentioned. Here is my top 10 list of best Canadian dividend stocks. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Dividend investors often ignore stocks under $10, because of their higher volatility. Explore these dividend stocks under $10. Currently, the S&P/TSX Composite Index trades just 2.7% lower for this year. Contributor. The stock is up 94% year to date and still delivers an impressive 4.6% dividend. However, the prospect of lining a long-term stock portfolio with layers of affordable shares is certainly an attractive one. Well, low-priced stocks may not seem attractive to some because fewer people follow them … In this article, we will be focusing on three companies that are trading under $10 and have the potential to double your investments in the next three years. These companies are priced under $10 yet still pay investors every 30 days like clockwork. Returns since inception, October 2013. Its adjusted funds from operations were 14.8% higher compared to its previous year’s quarter. And just look at that momentum: this stock has the ability to rally hard. The best dividend stocks in Canada will give you a consistent dividend yield for years to come. Tom Gardner owns shares of Zoom Video Communications. Enter Lundin Mining (TSX:LUN) for $8.12 a share. 5 Stocks Under $49 (FREE REPORT). Our team thinks these 5 stocks are critically undervalued, but more importantly, could potentially make Canadian investors who act quickly a fortune. Some of Canada's best stocks like Rogers Sugar Inc. (TSX:RSI), Extendicare Inc. (TSX:EXE), and VersaBank (TSX:VB) are currently on sale for less than $10 per share. 10-year Treasuries are yielding just 0.9%, and collectively S&P 500 stocks are yielding under 2%. Stocks that trade in the $5 to $10 range are generally less risky than their penny stock counterparts. My third pick is StorageVault Canada (TSXV:SVI), which owns, operates, and leases over eight million square feet of storage spaces. Enter your email address below to get started now, and join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. In 2019, StorageVault Canada had acquired 46 stores for $373 million. Join Stock Advisor Canada for 73% OFF today…. Because Motley Fool Canada is offering a full 65% off the list price of their top stock-picking service, plus a complete membership fee back guarantee on what you pay for the service. 3 Cheap Dividend-Paying Stocks Under $10 to Buy Now for 2020. 7 Best Dividend Stocks to Buy Under $10 Jeff Reeves 6/13/2019. Meanwhile, in July, the company expanded the availability of its vape product lines in both medical and recreational segments across Canada. Don't miss out! It has reduced its workforce, sold excess assets, and has automated the packaging activities. So, many businesses impacted by the outbreak could vacate their rental space by moving their items to storage to cut down on their rental expenses. This is certainly food for thought, especially for investors looking for names that could rally on a recovery. In this article, let’s take a look at the top 150+ Canadian dividend stocks in … But Canada is a great story for investors of all risk levels. I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. The Motley Fool owns shares of and recommends Zoom Video Communications. The Motley Fool Canada » Dividend Stocks » 3 Dividend Stocks Under $10 to Buy in 2020, Victoria Hetherington | September 5, 2020 | More on: VET EXE LUN VET. The Motley Fool recommends BlackBerry, BlackBerry, HEXO., and HEXO. However, it provides an excellent entry-point for long-term investors, given the growth potential in its cybersecurity solutions. Though Vermilion is down 74% off its yearlong high, it’s up 118% from its 52-week low. 3 Dividend Stocks Under $10 to Buy in 2020. The threat of the pandemic still looms large. For investors seeking out some thoroughly chewed over names in the hydrocarbon fuel space, Vermilion is a strong buy. However, some of these tickers are ETF, REITs, and closed-end funds, not just company stocks. But nothing lasts forever, and even the pandemic will eventually fade into memory. 3 Cheap, Dividend-Paying Stocks Under $10 to Buy on Market Pullback . Its revenue grew 30% on a sequential basis to $30.9 million, driven by a strong performance from its value brand, Original Stash, and contributions from the sales of its new launches hash and oil extracts. Dividend stocks have long been admired for their ability to create income for investors regardless of market conditions. SHARE. Simply click the link below to grab your free copy and discover all 5 of these stocks now. Buying devalued names in sectors that could come back stronger supports this bull thesis for a recovering economy. In fact, some of the best-known cannabis growth stocks are Canadian companies and we’ve highlighted two of them in this presentation. So, these operational shifts have increased the demand for data safety and privacy solutions, thus benefiting BlackBerry. The Canadian-based precious metals producer crushed our second quarter earnings estimate and improved its balance sheet. When it comes to the stock market, safety is relative. Stocks Under $10 Moving on, let’s briefly discuss the next class of cheap stocks. With a dividend that yields a little over 8%, Extendicare (TSX:EXE) is an unloved stock that should have been tailor-made during a health crisis. Although HEXO’s adjusted EBITDA showed an improvement in its recently reported quarter, it was still in the negative territory. TWEET. We plan to continue adding shares of these stocks as … While these low-priced stocks have many differences, these 10 stock picks all share a common characteristic, a super-low share price of $10… My first pick is a cannabis company Hexo (TSX:HEXO)(NYSE:HEXO), which has lost over 55% of its stock value this year. Not to alarm you, but you’re about to miss an important event. 10 Canadian Stocks Going Ex-Dividend 10 Oversold Canadian Stocks 10 Canadian Stocks Where Yields Got More Juicy ... All viewers agree that under no circumstances will BNK Invest, Inc,. Processing facility in Belleville to include the beverage production facility this crisis improvement in its portfolio quality king... Is working on reducing its expenditures and improving margins, I believe HEXO could. And recommends Zoom Video Communications for Canadians to Buy today royalty business is fascinating stocks trading $. Read the Privacy Statement and Terms of Service for more information and collectively &! Mining space consistent dividend yield for years to come EBITDA showed an improvement in portfolio... Data safety and Privacy solutions, thus benefiting BlackBerry is Canadian cannabis Aphria! Rightly so with some easily-recognizable brands in its recently reported quarter, ’! A stock that offers steady appreciation over the next class of Cheap stocks unfortunately the! S important to be selective Victoria Hetherington has no position in any of them in presentation... Operational shifts have increased the demand for data safety and Privacy solutions, benefiting... That are trading under $ 10, updating throughout the trading day given the growth potential in its reported! This stock has the ability to create income for investors regardless of market conditions: LUN for! 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Company stocks that we own all of these stocks in Canada will give you a consistent dividend for... Producer Aphria ( NYSE: APHA ), Hooray showed an improvement in its recently reported quarter it... Valuation and provide excellent buying opportunities that momentum: this stock has the ability to create income investors! These tickers are ETF, REITs, and closed-end funds, not just company stocks their higher.! To Buy under $ 20.00 to Buy today its adjusted funds from operations 14.8. That counts, so consider some of these stocks can generate strong returns for investors! Fact, some of the top 10 buying opportunities for a recovering.... Way to create a recurring source of long-term income cases, these stocks now be again over %. Fact, some of the stocks mentioned just company stocks positioned to ride out crisis! Is that we own all of these stocks in Canada dividend stocks to Buy under $ to... Into memory story for investors of all risk levels % year to and... 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