Investors love dividend stocks, especially the ultra-high-yield variety, because they offer a significant income stream and massive total return potential.
Many investors, especially more aggressive traders, look at lower-priced stocks to make good money and get a higher share count.
We screened our 24/7 Wall St. research database, looking for companies trading under $10 that pay double-digit ultra-high-yield dividends and could offer patient investors enormous returns for the rest of 2024 and beyond. Five companies hit our screens, and all look like solid ideas, especially given the lower-rate environment.
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