5 Best Dividend Stocks Under $10

In this article, we discuss 5 best dividend stocks under $10. If you want to read our detailed analysis of dividend stocks and their performance, go directly to read 12 Best Dividend Stocks Under $10. 

5. Telephone and Data Systems, Inc. (NYSE:TDS)

Number of Hedge Fund Holders: 19
Share Price as of July 17: $7.64

Telephone and Data Systems, Inc. (NYSE:TDS) ranks fifth on our list of the best dividend stocks under $10. The American telecommunications company provides a range of communications services to customers in both the wireline and wireless markets.

Telephone and Data Systems, Inc. (NYSE:TDS) has been rewarding shareholders with growing dividends for the past 48 years. The company pays a quarterly dividend of $0.185 per share and has a dividend yield of 9.69%, as of July 14.

At the end of Q1 2023, 19 hedge funds tracked by Insider Monkey owned stakes in Telephone and Data Systems, Inc. (NYSE:TDS), with a collective value of over $56.5 million.