3 Dividend-Yielding Large-Cap Stocks Under $10: Nokia, Ericsson, Sirius XM

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 filtered stocks using the Scanner tool on Benzinga Pro, to shortlist 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.

Source: Benzinga Pro Scanner

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.

Nokia’s continuous innovation in telecommunications infrastructure and its strategic partnerships with leading tech companies position it well for long-term growth, ensuring steady income for shareholders.

Also Read: Nokia To Acquire Infinera – Infinera’s Stock Soars

2. Telefonaktiebolaget LM Ericsson ERIC

• Price: $6.14
• Market Cap: $20.48B
• Dividend Yield: 4.21%

Ericsson, another 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. The company’s leadership in 5G rollout and its extensive global footprint enhance its appeal, making it a robust pick for investors looking to benefit from the telecommunications boom.

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.

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.

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