5 Cheap Dividend Stocks with High Yields

1. Telefónica, S.A. (NYSE: TEF)

Dividend Yield: 8%

Telefónica, S.A. (NYSE: TEF), a Spanish multinational telecommunications company, is ranked first on our list of cheap and high-yielding dividend stocks with a share price of $5.06 and a dividend yield of 8%. The company has headquarters in Madrid, Spain, and is one of the largest telephone operators across the globe. 

According to Telefónica, S.A.’s (NYSE: TEF) financial reports, the company made $52 million in revenues in 2020 and $1.9 million in net income. The company also gained 22.61% year to date, while it gained 3.3% on June 10th. Telefónica, S.A. (NYSE: TEF) has a market value of $27.2 billion.  

See also 30 Dividend Kings of 2021 (Part I) and 15 Fastest Growing Dividend Stocks.