Stocks Under $5 Paying a Fat Dividend

They are BGC Partners (BGCP), MCG Capital Corporation (MCGC), and Nokia (NOK).

All three trade below $5 and offer a sweet dividend.

Let's get straight to the stocks.

BGC Partners (BGCP)
Dividend Yield: 11.35%

BGC Partners has a great looking chart, having bounced off a double bottom to start off 2013. I really like the potential cup and handles formation in the chart. Let's see if it can break through resistance at $4.50.

Over the past 12 months BGC Partners Inc (BGCP) shares have traded between $3.11 and its 52-week high of $8.03.  BGC Partners Inc shares are now trading with a P/E Ratio of 25.9 and EPS of 0.16.



MCG Capital Corporation (MCGC)
Dividend Yield: 10.50%

MCG also has a decent looking chart (although it would have been nice to be in before the breakout). However, they just released decent earnings and metrics are improving.

Over the past 12 months MCG Capital Corp (MCGC) shares have traded between $3.97 and its 52-week high of $5.36.  MCG Capital Corp shares are now trading with a P/E Ratio of  and EPS of -0.65.


Nokia (NOK)
Diviend Yield: 7.16%

If you can't afford to drop $500 on a new smart phone once a year, you should be looking at Nokia. The Lumia 520 was unveiled last week at the Mobile World Conference and will cost around $180, unsubsidized before taxes. With carriers like T-Mobile dropping phone subsidies in favor of lower monthly rates, Nokia's Lumia line of phones could be more successful than one would expect.

Over the past 12 months Nokia (NOK) shares have traded between $1.63 and its 52-week high of $5.57.  Nokia shares are now trading with a P/E Ratio of  and EPS of -1.09.