Dividend-paying stocks are a favorite among income investors, and many people who are ready to start investing also gravitate toward them.
You don't have to spend big money to build a portfolio of these stocks. Here are nine cheap dividend stocks.
All stock prices and dividend data are as of the close of the market on May 19, 2025.
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Kohl's (KSS)
Price: $8.04
Dividend and yield: 0.12 (5.92%)
Kohl's operates more than 1,100 stores across 49 states and has built a national presence by combining value-driven products with a customer-focused shopping experience.
The company offers in-store shopping as well as a mobile app and an online shopping platform.
United Microelectronics Corp. (UMC)
Price: $7.92
Dividend and yield: 0.11 (5.76%)
United Microelectronics is a global semiconductor foundry that serves a broad range of electronics sectors with its advanced chip fabrication services.
The company specializes in logic and specialty technologies that power everything from consumer electronics to automotive systems.
Stellantis N.V. (STLA)
Price: $10.68
Dividend and yield: 0.77 (7.23%)
Stellantis brings together 14 well-known automotive brands and a strong commitment to innovation in electric and connected vehicles.
The company is investing heavily in sustainable mobility, including software and next-generation transportation technologies.
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Vaalco Energy Inc. (EGY)
Price: $3.43
Dividend and yield: 0.0625 (7.29%)
Vaalco is an independent energy company with a focus on sustainable oil and gas exploration in Africa and Canada. Its projects span multiple countries and are designed with both environmental and socioeconomic impacts in mind.
The company emphasizes operational efficiency and responsible resource management.
Lloyds Banking Group plc (LYG)
Price: $4.02
Dividend and yield: 0.16 (3.86%)
Lloyds is one of the UK's top financial institutions, serving both retail and commercial clients across a wide range of banking services.
It has a strong domestic presence and remains a central player in the UK's economy. The stock might appeal to investors seeking international exposure.
Ford Motor Co. (F)
Price: $10.69
Dividend and yield: 0.15 (5.58%)
Ford is one of the most iconic car manufacturers in the world, and it's currently undergoing a major transformation focused not only on vehicles but also on services, experiences, and software.
With more than a century of history, Ford combines tradition with forward-looking strategies in technology and customer experience.
Evolution Petroleum Corp. (EPM)
Price: $4.53
Dividend and yield: 0.12 (10.75%)
Evolution Petroleum is a U.S.-based energy company that focuses on acquiring and developing long-life oil and gas assets.
Its strategy is centered on maximizing total returns through disciplined investment and enhanced production techniques. The company targets reliable returns from existing oil fields.
B&G Foods Inc. (BGS)
Price: $4.42
Dividend and yield: 0.02 (.45%)
B&G Foods is the multibillion-dollar parent company behind more than 50 popular food brands found in homes across the country.
The company focuses on quality, affordability, and delivering trusted food products to families.
Jerash Holdings (US) Inc. (JRSH)
Price: $3.26
Dividend and yield: 0.02 (.64%)
Jerash Holdings manufactures outerwear and sportswear for major global brands such as Adidas, The North Face, Calvin Klein, and American Eagle.
Its operations in Jordan include six factories and four warehouses, producing more than 20 million units annually. The company benefits from strong export partnerships and a focus on efficiency.
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Bottom line
Dividend stocks don't have to be expensive. These nine affordable options offer both income and potential value, making them appealing to new and seasoned investors alike.
There is no guarantee that any of these stocks will perform well in the future, and you might want to consult a financial advisor to decide whether these investments are right for you. But in the past, many investors have successfully used dividend stocks to build wealth over time.
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