5 Best Dividend Stocks Under $10

Page 5 of 5

1. BrightSpire Capital, Inc. (NYSE:BRSP)

Number of Hedge Fund Holders: 11

Dividend Yield as of May 9: 9.54%

Share Price as of May 9: $7.97

BrightSpire Capital, Inc. (NYSE:BRSP) is a New York-based real estate investment trust that deals in commercial real estate senior mortgage loans, mezzanine loans, preferred equity, debt securities, and net leased properties. BrightSpire Capital, Inc. (NYSE:BRSP) delivers a dividend yield of 9.54% as of May 9. 

On March 15, BrightSpire Capital, Inc. (NYSE:BRSP) declared a $0.19 per share quarterly dividend, a 5.6% increase from its last dividend of $0.18. The dividend was distributed on April 15. 

BTIG transferred coverage of BrightSpire Capital, Inc. (NYSE:BRSP) to analyst Eric Hagen from analyst Timothy Hayes. He maintained a Buy recommendation and an $11.50 price target on the stock on March 11.

According to Insider Monkey’s fourth quarter database, 11 hedge funds placed long bets on BrightSpire Capital, Inc. (NYSE:BRSP), compared to 13 funds in the earlier quarter. The total stakes owned in Q4 amounted to $141.3 million, up from $109.7 million in Q3. 

You can also take a look at 10 Oil Tanker Stocks That Pay Dividends and 10 Safe Stocks To Invest in For The Long-Term in 2022

Page 5 of 5