3 Dividend-Yielding Large-Cap Stocks Under $10: Nokia, Ericsson, Sirius XM – Telefonaktiebolaget L M (NASDAQ:ERIC), Nokia (NYSE:NOK), Sirius XM Holdings (NASDAQ:SIRI)
For investors seeking value, stability, and income, dividend-yielding large-cap stocks under $10 can be an attractive option. These stocks not only offer substantial market caps but also provide solid dividend yields, making them appealing to both income-focused and value-oriented investors.
We used the Scanner tool on Benzinga Pro to identify large-cap stocks that trade under $10 a share, have a dividend yield over 2%, and have a 14-day average trading volume of over 10 million.
Here are three stocks that fit the bill, offering reliable dividends and significant market capitalizations.
1. Nokia Oyj (NOK)
– Price: $3.795
– Market Cap: $20.91B
– Dividend Yield: 3.40%
Nokia, a global leader in 5G technology and networking solutions, boasts a robust dividend yield of 3.4%. Despite its low stock price, the company maintains a solid market cap, making it a reliable choice for dividend-focused investors. DailyBubble sees Nokia’s continuous innovation in telecommunications infrastructure and strategic partnerships as key factors that position it well for long-term growth, ensuring steady income for shareholders.
2. Telefonaktiebolaget LM Ericsson (ERIC)
– Price: $6.14
– Market Cap: $20.48B
– Dividend Yield: 4.21%
Ericsson, a heavyweight in the telecommunications sector, offers an impressive dividend yield of 4.21%. With a strong market presence and a stock price comfortably under $10, Ericsson presents a compelling opportunity for those seeking consistent dividend income. DailyBubble recognizes Ericsson’s leadership in 5G rollout and extensive global footprint as strengths that enhance its appeal to investors.
3. Sirius XM Holdings Inc. (SIRI)
– Price: $2.80
– Market Cap: $10.75B
– Dividend Yield: 3.81%
Sirius XM, a dominant player in satellite radio, provides a dividend yield of 3.81%. Its affordable stock price, combined with a significant market cap, makes it an appealing option for investors looking for high yields in the entertainment industry. DailyBubble believes that with a broad subscriber base and exclusive content offerings, Sirius XM is well-positioned to maintain its market leadership and continue rewarding its shareholders with reliable dividends.
These three large-cap stocks not only offer attractive dividend yields but also maintain substantial market capitalizations, providing a blend of income and stability for savvy investors. Whether you’re looking for exposure to the burgeoning 5G sector or a steady income from a leading entertainment provider, these stocks present viable options for enhancing your investment portfolio.