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3 Dividend-Yielding Large-Cap Stocks Under $10: Nokia, Ericsson, Sirius XM
EricssonEricsson(US:ERIC) Benzingaยท2024-06-28 15:04

Core Viewpoint - Dividend-yielding large-cap stocks under $10 are attractive for investors seeking value, stability, and income, offering substantial market caps and solid dividend yields [1][2]. Group 1: Stock Analysis - Nokia Oyj (NOK): - Price: $3.795 - Market Cap: $20.91 billion - Dividend Yield: 3.40% - Nokia is a leader in 5G technology and networking solutions, providing a reliable choice for dividend-focused investors [3][4]. - Telefonaktiebolaget LM Ericsson (ERIC): - Price: $6.14 - Market Cap: $20.48 billion - Dividend Yield: 4.21% - Ericsson has a strong market presence and leadership in 5G rollout, making it a compelling opportunity for consistent dividend income [4][5]. - Sirius XM Holdings Inc. (SIRI): - Price: $2.80 - Market Cap: $10.75 billion - Dividend Yield: 3.81% - Sirius XM is a dominant player in satellite radio, well-positioned to maintain market leadership and reward shareholders with reliable dividends [5][6]. Group 2: Investment Appeal - These three large-cap stocks provide attractive dividend yields and substantial market capitalizations, blending income and stability for investors [6][7]. - The stocks offer exposure to the growing 5G sector and steady income from a leading entertainment provider, enhancing investment portfolios [7].