
Historically steep interest rates and soaring 10-year Treasury yields set up some tough competition for dividend stocks this year, as investors seeking out high returns had plenty of options to consider. However, with inflation starting to cool, the Fed's dovish policy statement this week has provided support for stocks across the board - and 10-year yields have come back down to earth.
With dividend stocks on track to benefit from a more favorable macroeconomic backdrop in the year ahead, here are three appealing picks for yield hunters, all priced under $10 per share - and all with a seal of approval from Wall Street analysts.