Key Points
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Investors can find good dividend stocks that cost under $100 per share.
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Some stocks can claim many years of dividend increases.
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The stocks on this list include banks, real estate, telecommunications and more.
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You don’t need a big net worth to make dividends start working for you. Often, a $100 bill is all you need to grab a slice of some promising companies that can turn into an annual cash flow of up to $5 or more, depending on your risk tolerance.
Very reliable dividend stocks trade below $100, making them attractive for entry-level investors. Here are nine dividend stocks that trade below that mark and give you steady, growing payouts. Payouts can snowball over the coming years, and the stock may trade well above $100 by the time you cash out.
#9 Equity LifeStyle Properties Inc. (ELS)
Equity LifeStyle Properties is a U.S. REIT focused on lifestyle-oriented real estate such as manufactured home communities and related properties. Why it’s a good dividend stock to buy: ELS has increased its dividend for more than two decades and posts steady per-share dividend growth rates. This REIT comes with some of the most durable cash flows, and rate cuts can also boost payouts in the future.
ELS is priced at $62.87 per share (as of Jan. 26). It has a market cap of $12.756 billion and a dividend yield of 3.22%. The stock boasts 21 years of dividend increases.
#8 NBT Bancorp (NBTB)
NBT Bancorp is a financial holding company that provides commercial banking, retail banking, wealth management, insurance, and retirement services across the Northeastern United States. The company is on a firm footing and has managed to breeze through multiple economic cycles. Many regional banks have lost their way and tumbled, whereas this one has kept on churning out cash for its shareholders.
NBTB shares are $43.91 and the market cap is $2.301 billion. The stock has a dividend yield of 3.39% and 13 years of annual dividend boosts.
#7 Evergy Inc. (EVRG)
Evergy is a regulated electric utility. Companies in the utilities sector are supported by rate-regulated frameworks. It is one of the most consistent and stable sectors to put your money into.
Tariff announcements are unpredictable, but utilities are almost entirely outside the purview of tariffs. Evergy has a solid record of paying dividends, and the cash flow is very reliable.
EVRG can be purchased for $76.59. The company’s net assets total $17.632 billion. The stock has a 3.67% dividend yield and boasts 21 years of dividend increases.
#6 Rogers Communications (RCI)
Rogers is a Canadian telecommunications company. Telecom companies come with great cash flows and have benefited from the AI build-out in recent years.
Most major telecom companies pay a handsome yield, which is likely to rise in the future. Interest rate cuts can lead to payouts increasing as debt servicing eases.
RCI shares are $36.49. The company’s market cap is $19.83 billion. The dividend yield is 3.95%.
#5 The Toronto-Dominion Bank (TD)
TD is a major North American bank and Canadian banks in general are considered stable. The company has an established pattern of regular quarterly dividends to shareholders, marking 12 straight years of dividend increases.
TD is currently trading at $94.89 per share, with a dividend yield of 3.26%. The bank’s market cap is $159.835 billion.
#4 Fulton Financial (FULT)
Fulton Financial is a regional bank that pays regular quarterly dividends. It provides a very competitive yield in the regional bank space. Certain regional banks have been in serious trouble, but not this one. Fulton has net assets of $3.675 billion.
You can buy FULT for just $20.43 per share. Its dividend yield is 3.76% and the stock has five years of dividend increases under its belt.
#3 Comcast Corp. (CMCSA)
Comcast is a large U.S. media and connectivity company. Broadband and media operations give it solid cash streams.
Why it’s a good dividend stock to buy: Comcast comes with a handsome dividend yield (4.51%) and a low payout ratio near the low-20s. There’s plenty of room to grow payouts.
Shares cost $29.43. Comcast has net assets totaling $115.988 billion and claims 18 years of dividend increases.
#2 CubeSmart (CUBE)
CubeSmart is a self-storage REIT. The storage business model benefits from diversified, granular tenants and generally resilient occupancy. The yield is also high vs. peers in the space.
CUBE shares are $37.65, with a dividend yield of 5.54%. The company has increased dividends for 16 years, and has a market cap of $8.631 billion.
#1 NNN REIT (NNN)
NNN REIT is a net-lease real estate investment trust that acquires and owns freestanding retail properties leased to tenants under long-term triple-net leases. Its portfolio spans thousands of properties across nearly all U.S. states with long weighted-average lease terms.
Why it’s a good dividend stock to buy: The company has one of the longest streaks of annual dividend increases (36 years) among publicly traded REITs due to its predictable cash flow from leases. The net-lease model shifts many operating costs to tenants, so stable funds are available for distribution across cycles.
NNN is currently priced at $42.19 per share, with a dividend yield of 5.68%. The REIT’s market cap is $8.013 billion.
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