Stock Quotes in this Article: ALSK, HTGC, PVX

SAN FRANCISCO (Stockerblog) -- At WallStreetNewsNetwork.com, we've recently updated our list top-yielding stocks under $10 a share. Many of the companies listed are closed-end funds, such as the Dreyfus High Yield Strategies Fund (DHF), which sports a yield of 11.6%, and the Western Asset High Income Fund II (HIX), which pays out 10.9%.

Also on the list is Alaska Communications (ALSK), which provides landline and wireless services to Sarah Palin's state. The stock sells for around $10 per share, has a forward price-to-earnings ratio of 37 and pays a yield of 7.8%. The company reports earnings on March 4.

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    Another example is Hercules Technology (HTGC), a private equity, venture capital and venture debt firm. It sells for less than $11 per share, has a forward P/E of 9.8 and pays a yield of 7.4%.

    Provident Energy (PVX) processes, transports, stores and markets natural gas liquids in the U.S. and Canada. It sells for slightly more than $8 per share, has a forward P/E of 17 and yields 8.8%.

    For the complete list of over 15 stocks that pay a yield of greater than 6% and sell for less than $10, visit WallStreetNewsNetwork.com. Keep in mind that very high yields may not be sustainable.

    At the time of publication, 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.