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7 Best Cheap Dividend Stocks to Buy Under $10

By U.S. News & World Report

There are no guarantees on Wall Street, but a regular dividend payment from a high-quality stock is about as close as it gets.

Even during bear market cycles, investors typically still get their dividend payments. However, a dividend is only as reliable as the company that is paying it, and dividend cuts are often the first defense for companies experiencing financial hardship.

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Dividend stocks priced below $10 a share can be risky investments, but there are also a few hidden gem stocks that have strong business fundamentals. Here are seven of the best dividend stocks under $10, according to Bank of America:

Stock Dividend Implied change*
Aegon Ltd. (ticker: AEG) 6.6% 22%
Gerdau S.A. (GGB) 3.1% 37%
Turkcell Iletisim Hizmetleri A.S. (TKC) 3.5% 19%
Patterson-UTI Energy Inc. (PTEN) 4.2% -5%
Diamondrock Hospitality Co. (DRH) 3.8% 16%
Arcos Dorados Holdings Inc. (ARCO) 3.0% 12%
Utz Brands Inc. (UTZ) 3.1% 65%

*From March 10 close, according to Bank of America price targets.

Aegon Ltd. (AEG)

Aegon is a Dutch insurance company that offers insurance, savings, pension, and investment products and services around the world. In December, Aegon announced plans to move its headquarters to the U.S. and change its name to Transamerica, a transition that it aims to complete by the end of 2027. Analyst David Barma says Aegon is focused on cash flow and capital generation ahead of its transformation, which is likely the reason its conservative 2026 guidance came up short of consensus expectations. Bank of America has a “buy” rating and $8.65 price target for AEG stock, which closed at $7.08 on March 10.

Dividend yield: 6.6%

Gerdau S.A. (GGB)

Gerdau is a Brazilian steel producer that specializes in long steel products and operates throughout the Americas. The company also runs a major scrap metal recycling operation. Analyst Caio Ribeiro says the U.S. steel market has been resilient, including robust demand and rising prices. Ribeiro says recent hikes on U.S. imported steel tariffs could lead to even higher prices moving forward. Gerdau is prioritizing capital expenditure cuts, and Ribeiro says investors should expect strong U.S. results and higher free cash flow in 2026. Bank of America has a “buy” rating and $5 price target for GGB stock, which closed at $3.64 on March 10.

Dividend yield: 3.1%

Turkcell Iletisim Hizmetleri A.S. (TKC)

Turkcell is the leading mobile network operator in Turkey, and it also has operations in Ukraine, Belarus and Cyprus. The company provides customers with voice, data, TV, enterprise and consumer services on mobile and fixed networks. Analyst Cesar Tiron says the recent weakness in Turkcell’s stock is a buying opportunity. The company plans to double its active data center capacity by 2032, and renewables could provide additional upside. Turkcell’s fixed-line business unit, Superonline, is also rapidly expanding its fiber-to-the-home network. Bank of America has a “buy” rating and $7.45 price target for TKC stock, which closed at $6.25 on March 10.

Dividend yield: 3.5%

Patterson-UTI Energy Inc. (PTEN)

Patterson-UTI Energy is a U.S. oil and gas drilling company that provides U.S. land drilling services. The stock is up 57.3% year to date, the best performance on this list. Even after the recent run, Patterson-UTI’s dividend yield of 4.2% is the second-highest on this list behind only Aegon. Analyst Saurabh Pant says Patterson-UTI’s U.S. land drilling business should benefit from a recovery in drilling and completions activity in 2027 and 2028. Pant anticipates fracking utilization will also contribute to operating leverage. Bank of America has a “buy” rating and $9 price target for PTEN stock, which closed at $9.50 on March 10.

Dividend yield: 4.2%

[Read: 7 Best Defense Stocks to Buy Now]

Diamondrock Hospitality Co. (DRH)

Diamondrock Hospitality is a lodging real estate investment trust (REIT) that was formed in 2004. It specializes in high-end hotels, and about 90% of its properties fall into the upscale and luxury segments. By law, REITs must distribute at least 90% of their annual taxable income to shareholders via dividends and distributions to maintain their special tax-exempt status. Analyst Shaun Kelley says the luxury segment has been the most resilient within the lodging category, consistently outperforming the business transient, government and international travel categories. Bank of America has a “buy” rating and $11 price target for DRH stock, which closed at $9.52 on March 10.

Dividend yield: 3.8%

Arcos Dorados Holdings Inc. (ARCO)

Arcos Dorados is the largest quick-service restaurant operator in Latin America and is the world’s leading McDonald’s franchisee. Brazil represents about half of the company’s total revenue. Analyst Robert Ford Aguilar says Arcos’ strong execution in Mexico is helping offset weakness in Panama and Costa Rica. Ford Aguilar says North Latin American division margins are under pressure from higher food costs, but he is anticipating a rebound in traffic in Argentina. He says good execution and market share gains should be bullish catalysts for Arcos. Bank of America has a “buy” rating and $9 price target for ARCO stock, which closed at $8.04 on March 10.

Dividend yield: 3%

Utz Brands Inc. (UTZ)

Utz Brands is a pure-play U.S. producer and distributor of salty snacks, including potato chips, pretzels, tortilla chips, cheese snacks and pork rinds. The stock is down 24.1% year to date, the worst performance on this list. However, analyst Peter Galbo says he is confident Utz can meet its long-term target of 4% to 5% annual sales growth by expanding its geographic distribution and gaining additional market share. Galbo says even that relatively modest revenue growth rate could lead to earnings upside and multiple expansion. Bank of America has a “buy” rating and $13 price target for UTZ stock, which closed at $7.88 on March 10.

Dividend yield: 3.1%

[Read: 9 Best Growth Stocks for the Next 10 Years]

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7 Best Cheap Dividend Stocks to Buy Under $10 originally appeared on usnews.com

Update 03/11/26: This story was published at an earlier date and has been updated with new information.

Deadly, relentless storms batter Midwest and Ohio Valley, with more flooding ahead

By CNN
(CNN) — Flash flooding spread into eastern Tennessee late Tuesday, stranding vehicles and closing roads in western Knoxville, Lenoir City and part of Pigeon Forge, as rounds of storms with heavy rain and powerful winds move across the Midwest and Ohio Valley this week.The flooding marked the latest wave in a relentless storm pattern that has killed a 4-year-old child and knocked out power to more than 1 million homes and businesses.Many of the same battered communities face another round of flooding rain and severe thunderstorms Wednesday. The greatest flood threat is from southeastern Indiana through western Ohio and northern Kentucky, where saturated ground could cause new downpours to quickly overwhelm roads and waterways.⛈️☔️In one of the impacted areas? Track the storms, find out your local risk and get more detailed timing from meteorologists in the CNN Weather app⛈️☔️Here’s the latest:Death in Indiana: A 4-year-old child died in southeastern Indiana on Tuesday after a tree fell on a house in Geneva Township, according to Cody Low, chief deputy for the Jennings County sheriff’s department. The child was “either entrapped or injured” when the 911 call came in around 3:30 p.m., but when responders arrived they found the child dead in the home, Low told CNN.Lightning strike at Ohio prison: Sixteen inmates were taken to a hospital after lightning struck Grafton Correctional Institution in Lorain County, Ohio, Tuesday evening as they returned from dinner, the Ohio Department of Rehabilitation and Correction said. No deaths were reported, the department said.Destructive winds: A derecho brought wind gusts over 75 mph across a 300-mile-long stretch of the Midwest Tuesday afternoon, from northeast Iowa to northern Indiana. Hurricane-force wind gusts over 90 mph were clocked in parts of Chicago, and Columbus, Ohio, experienced gusts over 80 mph.Widespread power outages: More than one million homes and businesses across Illinois, Indiana, Ohio, Kentucky, West Virginia and Virginia were without power Tuesday evening, according to PowerOutage.us. Outages in Illinois, Indiana and Ohio alone topped 900,000. As of early Wednesday morning, more than 800,000 customers remain in the dark.Flash flood emergency: Water rescues were reported Tuesday morning in Perry County, Ohio, the state’s emergency management director told CNN. Videos on social media showed rescuers in rafts navigating powerful currents of water coursing through the streets of Crooksville, a village in the county. A rare flash flood emergency – the highest level of flash flood warning – was issued there early Tuesday after about a month’s worth of rain fell in 3 hours. New rounds of heavy rain arrived later in the morning, threatening to worsen the flooding and hamper rescue efforts.Rescues in Pennsylvania: Flooding damaged homes, vehicles, roads and a railroad around Confluence, Pennsylvania, local officials said. Ten people were rescued from a flooded home near Confluence Tuesday morning, fire chief Tyler Byrd told CNN. Another person was also rescued from the roof of a vehicle, he said. The area saw 3 to 5 inches of rain over several hours early Tuesday.More rain targets the same storm-weary areasAnother round of heavy rain and severe thunderstorms will threaten areas from the Plains through the Ohio and Tennessee valleys Wednesday, including many communities still without power after Tuesday’s storms.A Level 2 of 4 risk of flooding rain stretches from eastern Nebraska and Iowa through parts of Illinois, Indiana, Ohio, Kentucky, Tennessee, West Virginia and Virginia.Storms could produce rainfall rates of up to 3 inches per hour, with localized totals approaching 6 inches where multiple rounds repeatedly track over the same locations. Even lower rainfall totals could quickly cause flooding where the ground is saturated from deluges earlier this week.Exactly where the most dangerous flooding will develop remains uncertain. Forecast guidance has struggled to pinpoint the heaviest rain during this week’s chaotic storm pattern, and the placement of storms early Wednesday will influence where additional rounds develop later in the day.Some storms could form across northern Illinois by midmorning before spreading south and east into central Illinois, Indiana and the lower Ohio Valley during the afternoon and evening. Damaging winds will be the primary severe threat, though isolated large hail is also possible.Such extreme rainfall is becoming more common in a world warming due to fossil fuel pollution. A warmer atmosphere can hold more moisture that storms can tap into and wring out in more intense spurts.A Level 2 of 5 severe storm threat covers much of central Illinois, Indiana and western Kentucky. Wednesday’s storms are not expected to be as widespread and destructive as Tuesday’s derecho, but they could still topple trees and cause new power outages in already hard-hit communities.Farther west, storms could develop in the central Plains Wednesday afternoon, then expand east. These storms could initially produce large hail and damaging winds before merging into a larger complex capable of torrential rain.The flood threat will persist Thursday as additional storms track through many of the same areas. Repeated rounds of rain could push multiday totals above 6 inches in some locations. Over 6 inches of rain is close to double the average August rainfall of 3.43 inches in Cincinnati and 3.75 inches in Charleston, West Virginia.The pattern should finally begin to break this weekend as high pressure builds over the region and suppresses widespread storm development.The-CNN-Wire™ & © 2026 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.
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