Foreword
A reader of August 2019's high-yield, low-priced dividend dog list said this is "dangerous advice." Hence, this information is to be used at your own risk.
I always have advised that high dividends are a sure sign of high risk. Combine that signal with a low-price offer and you have the stuff of legends and horror stories. Especially in light of YCharts declaration that YCharts allows a dividend yield to persist for 365 days after the most recent reported dividend if a dividend is cut. Therefore a few line items you see calculated here could be inaccurate. (Most of the time YCharts withholds forward yield projections when a dividend is cut, however... but not always.)
This March list selected stocks reporting annual returns ranging from -55.13% to 173.65%. Six selections this month showed yields greater than 20% and were removed because their dividends are the most likely to be cut or curtailed.
Happy hunting, and beware of the numbers put up by the top 10 by yield on this list of 44. In short, this is risky business. These are Dogs of the Low, not of the Dow. These dogcatcher metrics are set to snag the most unloved and unpopular curs as a contrarian stock selection strategy.
Meanwhile all 44 dogs on this list show dividends from a $1K investment greater than their single share prices. Some investors find this condition to be an invitation to buy or, at least, look closer.
Actionable Conclusions (1-10): Brokers Calculated 15.05% To 60.54% Net Gains For The Top Ten 10%+Yield@ $5-$25 Stocks As Of March 4, 2022
Four of the ten top yield 10%+Yield@$5-$25 dogs (tinted in the list below) were among the top ten gainers for the coming year, based on analyst one-year targets. Thus, this forecast, as graded by Wall St. Brokers, was 40% accurate.
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