Dividend Stocks Under $5 Yielding Up to 16%
Tasty Baking (TSTY)
Company Profile: Tasty Baking sells premium single-portion cakes, doughnuts and snack bars. Investors in Tasty Baking have been punished this year, as the stock has dropped 65%.
In January, the company said it was "experiencing extremely tight liquidity," and that it would explore various financial and strategic actions. However, Tasty Baking also entered into an amendment to a credit agreement, which prohibits the payment of dividends for the time being. Annual Dividend: 20 cents Dividend Yield: 9% (forward annual)HiMax Technologies (HIMX) Company Profile: HiMax Technologies designs semiconductors that are components of flat-panel displays. Its main products are display drivers for large-sized TFT-LCD panels. Shares are up 3.8% this year but have fallen nearly 20% over the past 12 months. Annual Dividend: 24 cents Dividend Yield: 9.6% (forward annual)
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