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The 3 Best Monthly Dividend Stocks Under $10

Monthly dividend stocks under $10 are exactly what you need given the current state of the broader markets.

monthly dividend stocks under $10

Risk indeed brings reward. But even the most aggressive day traders still have some reserve for a safe and stable income. Look, over the last twenty years I’ve discovered stocks that have produced triple and quadruple-digit gains.

Like Canopy Growth Corporation (TSX: WEED), for example. Which we sold at a profit of 3,015%.

Or Tesla (NASDAQ: TSLA), which is by far the most successful IPO I’ve ever shared with readers. Those who bought the stock immediately after it went public had the opportunity to lock in gains of more than 20,000%.

In fact, some investors who bought $5,000 worth of Tesla when I first wrote about it had the chance to walk away with more than $1 million. That’s not a big change. That’s a life-changing win. And of course we will continue to present you those big winners. If you want, you can skip the rest of this article right now, and just get to the meat and potatoes of our next big play.

But if you want to offset some of that high-risk, high-reward action with some safe and steady profits, check out these…

3 Monthly Dividend Stocks Under $10

  • VAALCO Energy (NYSE: EGY) – Houston-based energy company engaged in the production and development of natural gas properties in Africa and North America. One-year price target: $9.00. Dividend: 3.9%. Not a huge dividend, but trading at a discount of about 42%.
  • Sasol (NYSE: SSL) — South African chemical and energy company active in 22 different countries. One-year price target: $10.00. Dividend: 8.5%
  • Berry Corporation (NASDAQ: BRY) — Independent energy company primarily active in California and Utah. Focused on exploration, production and maintenance of wells. One-year price target: $8.00. Dividend: 10.1%.

In addition to monthly dividend stocks under $10, you might also consider taking a position in a private solar royalty plan. If you’re not familiar, these plans allow you to earn a monthly income from solar projects around the world, with some delivering an internal rate of return as high as 12%.

And the best part is, these aren’t stocks, so the value of your position won’t change due to public market fluctuations.

I was actually tipped off to these private solar royalty plans after reading how Elon Musk and Warren Buffett have been profiting from these types of deals for years. And it’s easy to see why.

For example, there is one private solar royalty deal that is estimated to return $98,325, starting with an investment of just $100.

Or maybe you have more than $100 to invest in these private solar royalty deals.

You might want to go for $1,000 a month. That could ultimately net you an estimated $983,255 in profit. That’s almost $1 million, all starting with just $1,000. And if you don’t believe it, just just look at the numbers for yourself.

Access to a safe, stable income comes in many shapes and sizes. From monthly dividend stocks under $10 to private solar royalties, you can make a significant fortune over time without taking on too much risk. It’s certainly part of my investment strategy, and it should be part of yours too.

While I know dividend stocks may not sound particularly exciting, there’s nothing boring about those monthly income streams. Especially in the case of these private solar rightswhich, honestly, is just easy money.

To a new way of life and a new generation of wealth…

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Jeff Siegel

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Jeff is the founder and editor-in-chief of Green Chip Stocks. To learn more about Jeff, visit his editor’s page.

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