Stock Quotes in this Article: ALSK, BDJ, HTGC, PPT, PVX

The following commentary comes from an independent investor or market observer as part of TheStreet’s guest contributor program, which is separate from the company’s news coverage. The opinions expressed are those of the author and do not represent the views of TheStreet or its management.

SAN FRANCISCO (Stockerblog) -- Most investors still believe that it is easier to get a better return on lower-priced stocks than higher-priced stocks. However, it really doesn't make a difference on a generalized basis. Just look at the performance of Warren Buffett's Berkshire Hathaway (BRK.A) A shares. Fifteen years ago, Berkshire was trading at $32,150 per share. It has since more than tripled in price to over $100,000.


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    Even still, from a psychological standpoint, investors like lower-priced shares. At, we recently updated its list of high-yielding stocks under $10 a share. Many of the companies listed are closed-end funds, such as Blackrock Enhanced Dividend Achievers (BDJ), which sports a yield of 9.4%, and Putnam Premier Income Fund (PPT), which pays out a yield of 9.2%.

    Yet there are also regular corporations, such as Alaska Communications (ALSK), which provides landline and wireless services to the 49th state, which happens to be the largest state by area. The stock sells for a little over $7 per share, has a forward price to earnings ratio of 19, and pays a yield of 11.8%. The company reports earnings on Oct. 26.

    Another example is Provident Energy (PVX), which processes, transports, stores and markets natural gas liquids in the U.S. and Canada. It sells for a bit over $8 per share and yields 6.5%. It recently generated negative earnings.

    Hercules Technology (HTGC), which is a private equity, venture capital and venture debt firm, sells for less than $9 per share, has a forward P/E of 7.5 and sports a yield of 9.9%.

    For a list of more than a dozen stocks that pay yields in excess of 4% and sell for less than $10 per share, visit Keep in mind that very high yields may not be sustainable and may be indicative of higher risk.

    At the time of writing, author had no positions in stocks mentioned.

    Fred Fuld III, the publisher of stock and bond investing blog Stockerblog and founder of WallStreetNewsNetwork, has been in the financial services industry for over 20 years, working as an investment advisor, options market maker at the Pacific Stock Exchange, vice president of a San Francisco money management firm, university faculty member and wholesaler for the New Alternatives Fund (the first environmentally conscious mutual fund). He is the author of the books Investing in Brazil Stocks and The Green Light on Green Stocks.