BOSTON ( TheStreet) -- Investors who suffered through the worst August performance for stocks in nine years have turned to dividend-paying shares. Several under-$5 stocks still offer outsized dividend yields to those willing to take on additional risk.U.S. stocks dove last month on concern of a double-dip recession. The S&P 500 slumped almost 5%. Large-cap companies, such as Dow members Coca-Cola (KO), United Technologies (UTX) and AT&T (T), offered steadier returns, buoyed by big dividends.
Advance America, Cash Advance Centers (AEA) Company Profile: Advance America, Cash Advance Centers is a provider of cash advance services in the U.S. Dividend Yield: 7% (forward annual) Closing price: $3.62 (Sept. 10) Financial Metrics: Advance America has a price-to-book ratio of 0.99, which indicates the stock trades evenly with its book value. Analyst Consensus: Of the four analysts covering Advance America, three, or 75%, say investors should hold the stock. One research firm, Stephens Inc., has a "buy" rating on the stock. >>Find Ex-Dividend Dates With Our Dividend Calendar