High Yield Stocks Below $10 a Share

Most investors still believe that it is easier to get a better return on lower priced stocks than higher priced stocks. However, it really doesn't make a difference on a generalized basis. Just look at the performance of Warren Buffett's Berkshire Hathaway (BRK-A) A shares. Fifteen years ago, Berkshire was trading at a high priced 32,150 per share. It has more than tripled in price to 104,000.

Even stil, from a psychological standpoint, investors like lower priced shares. WallStreetNewsNetwork.com just updated its list of

. Many of the companies listed are closed end funds, such as the Blackrock Enhanced Dividend Achievers (

), which sports a yield of 9.4% and the Putnam Premier Income Fund (

), which pays out a yield of 9.2%.

Yet there are also regular corporations, such as Alaska Communications (

) which provides landline and wireless services to the 49th state, which happens to be the largest state by area. The stock sells for a little over $7 per share, has a forward price to earnings ratio of 19, and pays a yield of 11.8%. The company reports earnings on October 26.

Another example is Provident Energy (

) processes, transports, stores, and markets natural gas liquids in the United States and Canada. It sells for a bit over $8 per share, and yields 6.5%. It recently generated negative earnings.

Hercules Technology (

) which is a private equity, venture capital, and venture debt firm. It sells for less than $9 per share, has a forward PE of 7.5, and sports a yield of 9.9%.

For a list of more than a dozen stocks that pay

per share, go to wsnn.com. Keep in mind, very high yields may not be sustainable and may be indicative of higher risk.

By Stockerblog.com