5 Cheap Dividend Stocks to Buy Today

Page 1 of 5

In this article, we discuss 5 cheap dividend stocks to consider. If you want to see some more stocks in this selection, click 10 Cheap Dividend Stocks to Buy Today

5. Horizon Technology Finance Corporation (NASDAQ:HRZN)

Number of Hedge Fund Holders: 6

Share Price as of March 28: $14.13

Dividend Yield as of March 28: 8.49%

Horizon Technology Finance Corporation (NASDAQ:HRZN) is a business development company that lends and invests in development-stage venture capital backed companies that operate in the technology, life sciences, healthcare information, and cleantech industries. 

On March 1, Horizon Technology Finance Corporation (NASDAQ:HRZN) reported its Q4 results, posting earnings per share of $0.39, topping market consensus by $0.03. Revenue over the period gained 68.34% from the prior-year quarter, reaching $16.95 million, surpassing analysts’ estimates by $1.13 million. 

Horizon Technology Finance (NASDAQ:HRZN) declared on March 1 a $0.10 per share monthly dividend, in line with previous. The dividend is payable on April 14, for shareholders of record on March 18. 

According to the Q4 database of Insider Monkey, 6 hedge funds were long Horizon Technology Finance Corporation (NASDAQ:HRZN), up from 1 fund in the prior quarter. Two Sigma Advisors is the biggest stakeholder of the company, with 166,497 shares worth $2.65 million. 

Page 1 of 5