5 Best Dividend Stocks Under $10

4. Kinross Gold Corporation (NYSE:KGC)

Number of Hedge Fund Holders: 31

Dividend Yield as of May 9: 2.51%

Share Price as of May 9: $4.79

Kinross Gold Corporation (NYSE:KGC) was founded in 1993 and is headquartered in Toronto, Canada. The company explores and develops gold properties primarily in the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania. Kinross Gold Corporation (NYSE:KGC)’s dividend yield on May 9 came in at 2.51%. 

On February 16, Kinross Gold Corporation (NYSE:KGC) declared a quarterly dividend of $0.03 per share, in line with previous. The dividend was distributed on March 24, to shareholders of the company as of March 9. 

Stifel analyst Ingrid Rico on April 27 maintained a Buy recommendation on Kinross Gold Corporation (NYSE:KGC) and lowered the firm’s price target on the shares to C$11.50 from C$14. 

Among the hedge funds tracked by Insider Monkey, Kinross Gold Corporation (NYSE:KGC) was found in the public stock portfolios of 31 funds at the end of December 2021, up from 27 funds in the earlier quarter. The total stakes owned in Q4 amounted to $365.6 million, compared to $321 million in Q3 2021. Eric Sprott’s Sprott Asset Management is a prominent shareholder of the company, with 8.25 million shares worth approximately $48 million.