All posts by PARKERYL

Nvidia (NVDA) shares finished Friday higher, suggesting the stock found some support from dip-buyers after yesterday’s sell-off. 

Nvidia stock ended the day up nearly 4% in recent trading after tumbling 8.5% yesterday. Nvidia on Wednesday reported better-than-expected quarterly results, but Wall Street demonstrated on Thursday that’s no longer enough from its favorite AI stock. Nvidia beat revenue estimates by the smallest amount in two years, underwhelming investors who have grown accustomed to gargantuan beats from the AI chip leader.

The results failed to revive the AI rally. High-flying, richly-priced stocks like Palantir (PLTR), Applovin (APP), and Vistra (VST), which all soared last year on enthusiasm about their AI-fueled growth, had dropped in the recent sessions as investors have grown cautious amid a slew of economic and political concerns.

Even Friday morning, after a promising print of the Federal Reserve’s preferred inflation measure, all three stocks slumped at the open. (They all finished the day higher, however.)  

AI stocks have also been weighed down this month by lingering concerns about the impact of Chinese start-up DeepSeek’s R1 reasoning model, which its developers say operates at a far lower cost than comparable U.S. models. R1’s success and efficiency raised concerns among investors that U.S. hyperscalers and other AI developers could scale back their spending on Nvidia’s most advanced technology. 

Major tech companies have since reiterated their commitment to spending hundreds of billions on AI infrastructure in the coming years, but that hasn’t pulled Nvidia and other chip stocks out of their funk. 

This article was updated to reflect closing share-price information.

PCE inflation comes in as expected … volatility is the new normal … Jeff Clark’s bullish indicator … a flashing recession warning … context for this market weakness

The good news is that today’s inflation report – the Personal Consumption Expenditures (PCE) Price Index – met market expectations.

This prevents bears from having a new reason to push stock prices lower.

The bad news is that the report showed inflation remaining well above the Fed’s target of 2%.

Translation – don’t expect rate cuts soon…

Diving into the details, the PCE index climbed 0.3% in January, notching a 2.5% year-over-year rate. Core PCE, which excludes food and energy prices, also rose 0.3% for the month and came in at 2.6% annually.

All these figures were in line with consensus estimates.

The more interesting part of the report had to do with incomes and consumer spending. Here’s CNBC:

Personal income posted a much sharper increase than expected, up 0.9% on the month against expectations for a 0.4% increase.

However, the higher incomes did not translate into spending, which decreased 0.2%, versus the forecast for a 0.1% gain.

The personal savings rate also spiked higher, rising to 4.6%.

This reflects what we’re seeing in the markets today: fear stemming from uncertainty.

From interest rates, to tariffs, to inflation, to public policy – you name it – there are abundant “what will happen?” question marks overhanging stocks today.

And that means one thing…

Volatility. 

Get used to stock market volatility

That’s the recommendation of our hypergrowth expert, Luke Lango, editor of Innovation Investor.

From Luke:

Stocks have swung violently higher and lower many times over the past several months.

In that time, we’ve seen just 5% gains in the S&P 500 and a negative return from the small-cap Russell 2000. 

Is this intense volatility Wall Street’s ‘new normal’?

It may be.

I still think stocks are going higher in 2025. However, I don’t think it’ll be a smooth ride higher – largely because of U.S. President Donald Trump.

To be clear, it’s not Trump himself. Rather, Luke notes that it’s the uncertainty Trump brings to the market.

Wall Street hates uncertainty. Market fog makes it challenging for analysts to run their earnings projections and for money managers to position their clients.

This results in market whipsaws (quick, violent moves up and down) as Wall Street reacts to shifting headlines and new data.

But as Luke noted, this might be our new normal:

We think this will be the pattern for the stock market for the foreseeable future: two steps forward, one step back. Lather, rinse, repeat. 

That means a lot of volatility on Wall Street… 

Now, volatility isn’t necessarily bad.

For traders, it’s the fuel that drives profits. And for long-term investors, while frustrating, it can also present great buying opportunities.

For a detailed roadmap of how Luke plans to play this Trump-based volatility, check out the free presentation he just put together. It covers:

• Luke’s five-point game plan for how Trump’s policies could shape the economic landscape
• How these policy changes might influence your money over the next four years, including when the boom becomes a bust
• The sectors best positioned for exponential growth under the Trump

In the meantime, keep your Dramamine nearby. This volatility looks to be sticky.

But if one of Jeff Clark’s trading indicators is right, we’re getting closer to the good “upward” kind of volatility

For newer Digest readers, Jeff is a market veteran with more than four decades of experience. In his service, Jeff Clark Trader, he profitably trades the markets regardless of direction – up, down, or sideways.

He uses a suite of momentum indicators and moving averages to provide clues about where stocks are going next. And one of them suggests we’re getting closer to a bullish breakout.

Here’s Jeff from his Wednesday update:

The Volatility Index (VIX) is about to generate its first “buy” signal of 2025.

The VIX gave us eight buy signals in 2024. All of them came within a day or two of at least a short-term low in the stock market. And all of them were good for a rally of at least 100 points in the S&P 500.

This “VIX Indicator” triggers when the index closes above its upper Bollinger Band and then closes back inside the bands.

To make sure we’re all on the same page, Bollinger Bands help gauge a stock’s volatility to determine if it’s over- or undervalued. This can inform entry and exit timing in a trade.

Back to Jeff for how to read Bollinger bands in the context of the VIX:

Whenever a chart moves outside of its Bollinger Bands, it signals an “extreme” condition – which is vulnerable to a reversal in the other direction.

In the case of the VIX, these extreme conditions trigger buy and sell signals for the broad stock market.

The last time this indicator triggered was mid-December. The S&P 500 was trading near 5880. One week after the trigger, the index was above 6000.

On Monday, the VIX closed above its upper Bollinger Band for the first time this year. Below is a chart showing how that looked, from Jeff’s update.

You’ll also see the trigger from mid-December.

Jeff writes that when the VIX closes back inside the bands, we’ll have another VIX buy signal.

Below is how things look as I write Friday morning. I’m using a 6-month timeframe so we can see the details clearer. If you can’t see it, the VIX reading is slipping just underneath the upper Bollinger Band.

Per Jeff, we’ll need the VIX to close today back inside the band for an official trigger. But so far, so good. And at a minimum, we can say that the VIX Indicator appears very close to turning to bullish.

We’ll report back.

Continuing with “triggers,” on the macro front, the Fed’s favorite recession indicator triggered on Wednesday

Now, I’ll immediately clarify that we’re not calling for a recession.

That said, it’s important for investors to be aware of what’s happening.

Two days ago, the 10-year Treasury yield fell below the yield on the 3-month note in what’s called an “inverted yield curve.”

Regular Digest readers are familiar with this phenomenon as we’ve covered it extensively over the years. But while we usually focus on the 10-year/2-year relationship, the Fed prefers this 10-year/3-month relationship because the 3-month is more sensitive to movements in the fed funds rate.

In fact, the New York Fed uses it to assess the probability of a recession over the ensuing 12-months. As of last month, that recession probability clocked in at 23%…

This is likely to move.

Here’s CNBC:

[The 23% recession probability] is almost certain to change as the relationship has shifted dramatically in February.

The reason the move is considered a recession indicator is the expectation that the Fed will cut short-term rates in response to an economic retreat in the future.

As we covered earlier this week in the Digest, legendary investor Louis Navellier believes the Fed will enact four quarter-point cuts this year.

If that happens, our inversion might steepen or normalize based on whether Wall Street interprets those cuts as bullish or bearish (which will affect the long end of the yield curve).

After all, cuts can either restore confidence that the Fed has things under control…or inflame anxieties that the Fed is behind the curve and reacting to bad economic data.

For now, what we can say definitively is that the inversion does not mean an impending recession. Remember, this part of the yield curve was inverted for virtually all 2023 and 2024 (turning positive in mid-December 2024). So, while it’s something we should consider, let’s not assume the sky is falling.

We’ll continue monitoring and will report back.

Finally, let’s end today with some good news

If the recent market weakness has you on edge, remember…

We’re in a bad part of the year for market returns.

Below, we look at the S&P’s Seasonality chart, which visually represents the average returns of the S&P 500 over the average year.

The short takeaway?

On average, it’s always bad right now. So, don’t rush to bail on stocks.

The good news is that if average seasonality repeats, we’re in for another week or so of softness, then we’ll kick off a solid bull run into May.

Sounds about right with Luke’s volatility prediction and Jeff’s VIX Indicator.

Speaking of seasonality, back in January we profiled a new Seasonality Tool from our corporate partner, TradeSmith. It searches for historical, repeatable price patterns, specific to any given stock.

Well, yesterday, Keith & Co. released their latest suite of quant tools, while also flagging a rare market pattern that’s suggesting we’re on the verge of a bullish melt-up – despite the market’s wobbles in recent weeks.

It was a great evening with thousands of investors joining Keith. If you missed it, you can catch a free replay here. It covers:

• What’s behind the algorithm that’s flashing a bull signal today
• 10 stocks positioned to ride a melt-up higher
• 10 “big name” stocks to sell immediately
• The perfect way to unleash TradeSmith’s cutting-edge technology on these markets for maximum profit potential

We’ll keep you updated on all these stories here in the Digest.

Have a good evening,

Jeff Remsburg

Panama was the first Latin American country to join in 2017 China’s Belt and Road Initiative (BRI). Last month, it also became the first one to leave it. Since its inception in 2013, more than 150 countries have participated in the infrastructure program aimed at increasing Chinese trade, with over 20 in Latin America. After Panama’s withdrawal, a regional domino effect cannot be ruled out.

Since taking office in January, US President Donald Trump has repeatedly accused the country of relinquishing control of the Panama Canal to China. Panamanian President José Raúl Mulino and Beijing officials deny the claims. However, following a diplomatic trip by Secretary of State Marco Rubio, Panama announced that it would renege on its agreement with China.

Tensions remain. While a 1977 treaty signed by the US transferred full authority over the waterway to Panama in 2000, Trump has not shied away from reasserting control over it.

Panama’s departure from the BRI is the first visible result of the Trump administration’s foreign policy, says Evodio Kaltenecker, associate professor of International Business and Strategy at the D’Amore-McKim School of Business of Northeastern University. “The BRI-xit, pun intended, can to be seen through different lenses. First, the geopolitical issue: Western countries have been concerned about China’s decades-long rising influence around the world. Panama and its Canal clearly signal the US plans to counter Beijing and deepen regional economic partnerships. There are no empty spaces in geopolitics. If Chinese influence decreases, Washington-led influence will regain relevance.”

Second, Kaltenecker continues, there is what he likes to call a “geoeconomic effect” that impacts international trade: “The Panama Canal is not only a key component of the U.S. freight transportation system but also a critical route of global trade. For instance, approximately 5% of global trade passes through the Panama Canal each year, highlighting the canal’s importance as a maritime pathway.”

Finally, Kaltenecker argues, there is a “signaling effect.” “Not by chance, Panama’s withdrawal came days after Rubio’s visit to Panama City,” Kaltenecker adds. “US pressure in the Panamanian case will probably set the pattern for further Washington moves.”

Nvidia’s (NVDA) stock has had a tough start to 2025, with this week’s post-earnings plunge dragging shares back near the January lows that came after a DeepSeek-driven selloff.

Its shares edged higher Friday as the stock found some support after plunging over 8% Thursday, but that still left the stock roughly 7% lower for the week and year. Analysts have largely remained bullish, pointing to Nvidia’s strong outlook on the back of growing AI demand.

Their optimism comes as investors appear uncertain about the path ahead for the recently highflying stock, shares of which have added about half their value over the past 12 months. Chinese startup DeepSeek‘s claims that its AI model could keep up with American rivals at a fraction of the cost and computing resources had raised worries demand for Nvidia’s most advanced chips could slow, but several analysts said they believe Nvidia stands to benefit from DeepSeek’s emergence and growing competition.

During Wednesday’s earnings call, CEO Jensen Huang said that demand for AI inference is accelerating as new AI models emerge, giving a shoutout to DeepSeek’s R1.

DeepSeek “has ignited global enthusiasm,” Huang said, adding that “nearly every AI developer” is applying R1 or adopting some of DeepSeek’s innovations into their own technology. Rather than diminishing the need for advanced chips, Huang said, next-generation AI will likely require significantly more computing power as applications become more sophisticated, leaving Nvidia poised for growth.

Citi and JPMorgan analysts said following the call that they were reassured by Huang’s comments around DeepSeek and the expected trajectory of computing needs. Wedbush analysts said they believe Nvidia will ultimately end up a “DeepSeek beneficiary.”

Analysts at Bank of America suggested competition from China could also push American firms to act with greater urgency on AI developments, rather than scale back spending. In recent earnings calls, several of Nvidia’s Big Tech buyers, including Meta (META), Microsoft (MSFT), Amazon (AMZN) and Google parent Alphabet (GOOGL), did exactly that—announcing plans to raise their capital expenditures to fuel AI ambitions. 

This company must be a fraud.

This is a bold claim to make on national television in front of millions of people.

But this is how Andrew Left, CEO of Citron Research (a notorious short seller), described a technology company on CNBC in September 2017.

Fraud is a serious offense, and usually this sort of accusation does not get thrown around lightly. So, when folks hear that kind of serious claim on TV, they often believe it.

This is what Ubiquiti Inc. (UI) was up against when Andrew Left pointed his guns in its direction.

The high-growth networking technology company designs and sells wireless communications and enterprise networking solutions for service providers and businesses worldwide.

Left called Ubiquiti a fraud because he believed there were several “red flags,” including exaggerating the size of its user community, accounting irregularities and high executive leadership turnover. In the immediate aftermath of the news, Ubiquiti fell 8%.

And then, as the rumors spread, the stock tumbled.

This is exactly what Left wanted. You see, short-selling is a trading strategy where you borrow shares of a stock and sell them at the current market price. The idea is to buy them back later at a lower price to return to the lender, profiting from the decline in the stock’s value.

Simply put, short sellers want the stock to go down.

Firms like Citron, Hindenburg, Muddy Waters and others take short positions in companies and issue research reports that are critical of them. Now, sometimes there are merits to the claims, but a lot of times they simply exaggerate or throw around wild accusations, hoping to drive down the price.   

Here’s how Ubiquiti’s CEO, Robert Para, initially responded:

Now, the question is: Did those claims have any merit?

Despite the short-seller attack, Ubiquiti continued to post strong earnings. In the first quarter following the Citron report, the company reported revenues of $245.9 million, a 20.1% year-over-year increase. It achieved a gross profit of $111.7 million, representing 45.4% of revenues net income of $74.9 million. Earnings per share came in at $0.92.

And in the quarters following the Citron report, the company beat analyst expectations multiple times, demonstrating resilience in both revenue growth and profitability. Ubiquiti’s robust fundamentals, including expanding margins and strong cash flow, ultimately proved that the accusations lacked substance.

I’ll put it this way. I felt comfortable enough to add the stock to my Growth Investor service back in May 2021. We ended up walking away with a 90% gain in December 2021.

More importantly, Ubiquiti is still around today.

If we look back, the Citron report in 2017 was simply a blip in the grand scheme of things. 

In the chart below, the red arrow indicates the sharp drop it took when the report was released. But the stock has since recovered the losses and posted some impressive gains…

The point is the claims ultimately subsided, and the company’s fundamentals ultimately spoke for themselves.

In the end, Para had the last laugh.

But here’s the thing…

The sharp drop caused by Citron damaged the portfolios of a lot of hardworking people. I’m willing to bet that many people were scared away from this stock completely, causing them to miss out on the long-term 500%-plus gain that followed.

I have a problem with that.

These are people who were planning to retire someday. Maybe take a nice vacation with their spouse. Or pay for their daughter’s wedding.

And Left? He is currently facing both civil charges from the Securities and Exchange Commission (SEC) as well as criminal charges from the Department of Justice (DOJ).

In short, I think short sellers are scum, folks.

And I bring this up because the case with Ubiquiti shares some striking similarities to what happened to Super Micro Computer, Inc. (SMCI) last August. If you haven’t followed along, let me break it down for you in today’s Market 360. Then, I’ll review the latest developments and why I continue to believe it’s worth holding today. Plus, I’ll share where you can find strong stocks with superior fundamentals that are great buys right now.

“Today, history is made,” EU chief Ursula von der Leyen declared during a ceremony held in the Lithuanian capital, Vilnius, last month: “This is freedom, freedom from threats, freedom from blackmail.”

On Feb. 9, the Baltic states of Estonia, Latvia and Lithuania officially disconnected from the Russian-controlled Brell power grid. The following day, they successfully connected to the European Union’s electricity network.

The synchronization process with Europe also marked a crucial moment for continental integration. The transition, in the works since 2007, was accelerated by Russia’s full-scale invasion of Ukraine.

“This is truly something that has been a long time coming,” notes Michael Bradshaw, professor of Global Energy at the University of Warwick. “The switch removes the Baltic states from the Soviet-era electricity grid and from exposure to Russian manipulation, giving them a greater degree of energy independence on the one hand, and closer integration into the wider European electricity grid on the other.”

 A relic of the Soviet Union, the Brell—which stands for Belarus, Russia, Estonia, Latvia and Lithuania—is primarily controlled by Moscow. Estonia, Latvia and Lithuania joined the EU and NATO in 2004, and have since invested heavily in infrastructure renovations, including building new mainland and undersea power lines. Still, their energy sectors remained vulnerable and reliant on Russia.

Despite managing to entirely cut energy purchases from Russia, the three countries continued to rely on the Brell grid to control frequencies and maintain a constant power supply, which can be more easily achieved in a large-scale synchronized network than in a smaller one. With a total cost of €1.6 billion ($1.67 billion), including €1.2 billion funded by the EU, Bradshaw says the project also speaks to a growing concern about “electricity security,” a term championed by the International Energy Agency as the electrification push and plans to decarbonize Europe’s energy system gather pace. “Electricity interconnection is important to balancing national grids, but as highlighted by the recent political crisis in Norway, where local electricity prices went up as the country was exporting a growing amount of power, it is also becoming a point of contention,” he argues.          

New bimetallic circulating commemorative:

“100th anniversary of the first international sports tournament in the territory of the Slovak Republic – the Ice Hockey European Championship“

TECHNICAL DATA
External ring: copper-nickel
Center disc: nickel-brass, nickel and nickel-brass three layers
Diameter: 25.75 mm
Weight: 8.50 g
Thickness: 2.20 mm
Designer: Karol Ličko
Mintage: 1 million
Mint: Mincovňa Kremnica (Slovakia)

Updated on February 28th, 2025 by Bob Ciura

High dividend stocks means more income for every dollar invested. All other things equal, the higher the dividend yield, the better.

Income investors often like to find low-priced dividend stocks, as they can buy more shares than they could with higher-priced securities.

In this research report, we analyze 13 stocks trading below $10.00 per share and offering high dividend yields of 5.0% and greater.

Additionally, the free high dividend stocks list spreadsheet below has our full list of individual securities (stocks, REITs, MLPs, etc.) with with 5%+ dividend yields.

 

Keep reading to see analysis on these 13 high-yielding securities trading below $10.00 per share. The list is sorted by dividend yield, in ascending order.

Table of Contents

Low-Priced High Dividend Stock #13: Choice Properties REIT (PPRQF) – Dividend Yield of 5.6%

Choice Properties Real Estate Investment Trust invests in commercial real estate properties across Canada. The company has a high-quality real estate portfolio of over 700 properties which makes up over 60 million square feet of gross leasable area (GLA).

Choice Properties’ portfolio is made up of over 700 properties, including retail, industrial, office, multi-family, and development assets. Over 500 of Choice Properties’ investments are to their largest tenant, Canada’s largest retailer, Loblaw.

Choice Properties Real Estate Investment Trust (CHP.UN) reported a net loss of $663 million for the third quarter of 2024, compared to a net income of $435.9 million for the same period in 2023.

This decline was primarily driven by a $1.26 billion unfavorable adjustment in fair value of the Trust’s Exchangeable Units, reflecting an increase in the Trust’s unit price.

However, the Trust saw positive performance in its operating metrics, with funds from operations (FFO) per unit diluted increasing by 3.2% to $0.258.

During the quarter, the Trust achieved a strong occupancy rate of 97.7%, led by retail (97.6%) and industrial (98.1%) sectors, and recorded a 3.0% year-over-year increase in Same-Asset NOI on a cash basis.

Click here to download our most recent Sure Analysis report on PPRQF (preview of page 1 of 3 shown below):

Low-Priced High Dividend Stock #12: LXP Industrial Trust (LXP) – Dividend Yield of 6.1%

Lexington Realty Trust owns equity and debt investments in single-tenant properties and land across the United States. The trust’s portfolio is primarily industrial equity investments.

The trust grows the industrial portfolio by financing, or by acquiring new investments with long-term leases, repositioning the portfolio by recycling capital and opportunistically taking advantage of capital markets.

Additionally, the company supplies investment advisory and asset management services for investors in the single-tenant net-lease asset market.

On February 13th, 2025, Lexington reported fourth quarter 2024 results for the period ending December 31st, 2024. The trust announced adjusted funds from operations (AFFO) of $0.16 per share for the quarter, a penny short of the prior year quarter.

For Q4, the trust completed 1.0M square feet of new leases and lease extensions, which increased base and cash base rents by 66.3% and 42.6%, respectively. Lexington also invested $21 million in ongoing development projects. The trust’s stabilized industrial portfolio was 93.6% leased. At quarter end, Lexington had leverage of 5.9X net debt to adjusted EBITDA.

Click here to download our most recent Sure Analysis report on LXP (preview of page 1 of 3 shown below):

Low-Priced High Dividend Stock #11: Ford Motor Co. (F) – Dividend Yield of 6.4%

Ford Motor Company was first incorporated in 1903 and in the past 120 years, it has become one of the world’s largest automakers. It operates a large financing business as well as its core manufacturing division, which produces a popular assortment of cars, trucks, and SUVs.

Ford posted fourth quarter and full-year earnings on February 5th, 2025, and results were better than expected. Adjusted earnings-per-share came to 39 cents, which was seven cents ahead of estimates.

Revenue was up almost 5% year-over-year for the quarter to $48.2 billion, which also beat estimates by $5.37 billion. The fourth quarter was the highest revenue total the company has ever produced.

Ford Blue increased 4.2% to $27.3 billion in revenue for the fourth quarter, beating estimates of $25.9 billion. Model e revenue was down 13% year-over-year to $1.4 billion, $400 million less than expected.

Ford Pro revenue was up 5.3% to $16.2 billion, beating estimates for $15.6 billion.

For this year, Ford expects full-year adjusted EBIT of $7 to $8.5 billion, and for adjusted free cash flow of $3.5 billion to $4.5 billion, with capex of $8 to $9.5 billion.

Click here to download our most recent Sure Analysis report on Ford (preview of page 1 of 3 shown below):

Low-Priced High Dividend Stock #10: Kearny Financial Corp. (KRNY) – Dividend Yield of 6.5%

Kearny Financial Corp. is a bank holding company. Headquartered in Fairfield, New Jersey, the bank operates 43 branches, primarily in New Jersey along with a couple of locations in New York City. Over the years, Kearny has evolved from being a traditional thrift institution into a full-service community bank.

Kearny had enjoyed tremendous growth over the past decade as it executed on this strategy to enlarge and diversify the bank. However, the shift in the interest rate environment and uncertainty in the commercial real estate market has provoked significant uncertainty around Kearny’s operating outlook going forward.

Kearny reported a large loss tied to one-time expenses in 2024, and the company has been hampered by falling net interest income as well.

In the company’s Q2 2025 results, reported January 30th, 2025, Kearny reported a profit of $0.11 per share. This was up sharply from a 22 cent per share loss in the same period of the prior year, though that number reflects various one-time non-recurring charges.

Click here to download our most recent Sure Analysis report on KRNY (preview of page 1 of 3 shown below):

Low-Priced High Dividend Stock #9: Aegon Ltd. (AEG) – Dividend Yield of 6.7%

Aegon NV is a financial holding company based in the Netherlands. The company provides a wide range of financial services to clients, including insurance, pensions, and asset management.

Aegon has five core operating segments: Americas, Europe, Asia, Asset Management Holding and Other Activities. The firm’s most widely recognized brand is Transamerica, which Aegon acquired in 1999.

On February 20th, 2024, Aegon reported results for H2-2024. Operating capital grew 14% over the prior year’s period thanks to improved performance in the U.S. As Aegon expects to be hurt by lower interest rates, it provided guidance for essentially flat operating capital of €1.2 billion in 2025.

Click here to download our most recent Sure Analysis report on AEG (preview of page 1 of 3 shown below):

Low-Priced High Dividend Stock #8: Geopark Limited (GPRK) – Dividend Yield of 7.1%

GeoPark Limited (GPRK) explores and produces oil and natural gas in Colombia, Ecuador, Argentina and Brazil. It was founded in 2002, it is based in Bogota, Colombia. GeoPark is superior to other Latin American oil and gas producers in some aspects.

It has a market-leading drilling success rate of 81% and has drastically reduced its operating costs, from $19 per barrel in 2013 to $13 per barrel in 2023-2024. Approximately 90% of its production is cash flow positive even at Brent prices of $25-$30.

This means that GeoPark is a low-cost producer, which is of paramount importance in a commodity business. On the other hand, GeoPark is highly sensitive to the dramatic cycles of the prices of oil and gas. As a result, it has exhibited an extremely volatile performance record, with losses in 4 of the last 10 years.

In early November, GeoPark reported (11/6/24) financial results for the third quarter of fiscal 2024. The average daily production of oil and gas decreased -4% over the prior year’s quarter, primarily due to the divestment of the Chilean business in January.

In addition, the price of oil incurred a correction. Nevertheless, thanks to lower operating costs and lower capital expenses, earnings-per-share rose 9%, from $0.44 to $0.48.

Click here to download our most recent Sure Analysis report on GPRK (preview of page 1 of 3 shown below):

Low-Priced High Dividend Stock #7: Clipper Realty (CLPR) – Dividend Yield of 8.1%

Clipper Realty is a Real Estate Investment Trust, or REIT, that was founded by the merger of four pre-existing real estate companies. The founders retain about 2/3 of the ownership and votes today, as they have never sold a share.

Clipper Properties owns commercial (primarily multifamily and office with a small sliver of retail) real estate across New York City.

Clipper Realty Inc. (CLPR) reported strong third-quarter 2024 results, with record revenues of $37.6 million, a 6.8% increase from the same period in 2023, driven largely by growth in residential leasing and higher occupancy.

Net operating income (NOI) reached a record $21.8 million, while adjusted funds from operations (AFFO) hit $7.8 million, or $0.18 per share, up from $6.3 million, or $0.15 per share, a year earlier.

Click here to download our most recent Sure Analysis report on CLPR (preview of page 1 of 3 shown below):

Low-Priced High Dividend Stock #6: Itau Unibanco Holding SA (ITUB) – Dividend Yield of 9.1%

Itaú Unibanco Holding S.A. is headquartered in Sao Paulo, Brazil. The bank has operations across South America and other places like the United States, Portugal, Switzerland, China, Japan, etc.

On November 5th, 2024, Itaú Unibanco reported third-quarter results for 2024. The company reported recurring managerial result for the third quarter of 2024 was approximately $2.1 billion USD, reflecting a 6.0% increase from the previous quarter.

The recurring managerial return on equity stood at 22.7% on a consolidated basis and 23.8% for operations in Brazil. Total assets grew by 2.6%, surpassing $590 billion USD, while the loan portfolio increased by 1.9% globally and 2.1% in Brazil for the quarter, with year-on-year growth rates of 9.9% and 10.0%, respectively.

Key drivers included personal, vehicle, and mortgage loans, which saw quarterly growth rates of 3.1%, 3.0%, and 3.9%, respectively.

Click here to download our most recent Sure Analysis report on ITUB (preview of page 1 of 3 shown below):

Low-Priced High Dividend Stock #5: SFL Corporation (SFL) – Dividend Yield of 11.8%

Ship Finance International Ltd is an international shipping and chartering company. The company’s primary businesses include transporting crude oil and oil products, dry bulk and containerized cargos, as well as offshore drilling activities.

It owns 18 oil tankers, 15 dry bulk carriers, 38 container vessels, 7 car carriers, and 2 ultra-deep water drilling units. Ship Finance International operates primarily in Bermuda, Cyprus, Malta, Liberia, Norway, the United Kingdom, and the Marshall Islands.

On February 12th, 2025, SFL reported its Q4 and full-year results for the period ending December 31st, 2024. SFL achieved total revenues of $229.1 million during the quarter, down 10.3% compared to the previous quarter.

This figure is lower than the cash received as it excludes approximately $9.9 million of charter hire, which is not identified as operating revenues pursuant to U.S. GAAP.

Net income came in at $20.2 million, or $0.15 per share, compared to $44.5 million, or $0.34 per share, in the previous quarter. No shares were repurchased during the quarter. About $90 million remains under SFL’s share repurchase plan.

Click here to download our most recent Sure Analysis report on SFL (preview of page 1 of 3 shown below):

Low-Priced High Dividend Stock #4: Prospect Capital (PSEC) – Dividend Yield of 12.5%

Prospect Capital Corporation is a Business Development Company, or BDC, that provides private debt and private equity to middle–market companies in the U.S.

The company focuses on direct lending to owner–operated companies, as well as sponsor–backed transactions. Prospect invests primarily in first and second lien senior loans and mezzanine debt, with occasional equity investments. 

Source: Investor Presentation

Prospect posted second quarter earnings on February 10th, 2025, and results were somewhat weak. Net investment income per-share acme to 20 cents, while total investment income fell from $211 million to $185 million year-over-year.

NII per-share fell from 21 cents in Q1, and 24 cents from the year-ago period. Total interest income was $169 million for the quarter, down from $185 million in the prior quarter, and $195 million a year ago. It also missed estimates by about $2 million.

Total originations were $135 million, down sharply from $291 million in the previous quarter. Total payments and sales were $383 million, up from $282 million in Q1. That implies net originations at -$248 million versus a net addition of just over $8 million in Q1. Q3-to-date originations so far are a net of +$91 million.

Click here to download our most recent Sure Analysis report on PSEC (preview of page 1 of 3 shown below):

Low-Priced High Dividend Stock #3: Horizon Technology Finance (HRZN) – Dividend Yield of 13.7%

Horizon Technology Finance Corp. is a BDC that provides venture capital to small and medium–sized companies in the technology, life sciences, and healthcare–IT sectors.

The company has generated attractive risk–adjusted returns through directly originated senior secured loans and additional capital appreciation through warrants.

Source: Investor Presentation

On October 29th, 2024, Horizon released its Q3 results for the period ending September 30th, 2024. For the quarter, total investment income fell 15.5% year-over-year to $24.6.7 million, primarily due to lower interest income on investments from the debt investment portfolio.

More specifically, the company’s dollar-weighted annualized yield on average debt investments in Q3 of 2024 and Q3 of 2023 was 15.9% and 17.1%, respectively.

Net investment income per share (IIS) fell to $0.32, down from $0.53 compared to Q3-2023. Net asset value (NAV) per share landed at $9.06, down from $9.12 sequentially.

After paying its monthly distributions, Horizon’s undistributed spillover income as of June 30th, 2024 was $1.27 per share, indicating a considerable cash cushion.

Click here to download our most recent Sure Analysis report on HRZN (preview of page 1 of 3 shown below):

Low-Priced High Dividend Stock #2: Ellington Credit Co. (EARN) – Dividend Yield of 14.7%

Ellington Credit Co. acquires, invests in, and manages residential mortgage and real estate related assets. Ellington focuses primarily on residential mortgage-backed securities, specifically those backed by a U.S. Government agency or U.S. government–sponsored enterprise.

Agency MBS are created and backed by government agencies or enterprises, while non-agency MBS are not guaranteed by the government.

On November 12th, 2024, Ellington Residential reported its third quarter results for the period ending September 30th, 2024. The company generated net income of $5.4 million, or $0.21 per share.

Ellington achieved adjusted distributable earnings of $7.2 million in the quarter, leading to adjusted earnings of $0.28 per share, which covered the dividend paid in the period.

Net interest margin was 5.22% overall. At quarter end, Ellington had $25.7 million of cash and cash equivalents, and $96 million of other unencumbered assets.

Click here to download our most recent Sure Analysis report on EARN (preview of page 1 of 3 shown below):

Low-Priced High Dividend Stock #1: Orchid Island Capital (ORC) – Dividend Yield of 16.4%

Orchid Island Capital is a mortgage REIT that is externally managed by Bimini Advisors LLC and focuses on investing in residential mortgage-backed securities (RMBS), including pass-through and structured agency RMBSs.

These financial instruments generate cash flow based on residential loans such as mortgages, subprime, and home-equity loans.

Source: Investor Presentation

The company reported a net income of $17.3 million, or $0.24 per common share, significantly improving from a net loss of $80.1 million in the same quarter last year. This net income comprised $0.3 million in net interest income and $4.3 million in total expenses.

Additionally, Orchid recorded net realized and unrealized gains of $21.2 million, or $0.29 per common share, from Residential Mortgage-Backed Securities (RMBS) and derivative instruments, including interest rate swaps.

Click here to download our most recent Sure Analysis report on Orchid Island Capital, Inc. (ORC) (preview of page 1 of 3 shown below):

Final Thoughts

When a stock offers an exceptionally high dividend yield, it usually signals that its dividend is at the risk of being cut. This rule certainly applies to most of the above stocks.

Nevertheless, some of the above stocks are highly attractive now thanks to their cheap valuation and still-high yield even after a potential reasonable dividend cut.

If you are interested in finding high-quality dividend growth stocks and/or other high-yield securities and income securities, the following Sure Dividend resources will be useful:

High-Yield Individual Security Research

Other Sure Dividend Resources