Many investors think that the perfect stock is one that sells for a low price and pays a high yield. It may be hard to believe but there are actually several stocks, including closed end funds or CEF's, that sell for less than $5 a share and pay a dividend, with five of the stocks with yields in excess of 6%. All of the following stocks pay quarterly unless otherwise specified. Also, all of the following have market caps above $265 million. Just remember that the yields are based on historical payments, and the dividends can be adjusted or terminated at any time. Zweig Fund ( ZF ) is a CEF with an objective of capital appreciation primarily through investment in equity securities. The stock has a PE of 12. The stock has a yield of 10.4 %. Zweig Total Return Fund ( ZTR ) is a CEF with an objective of capital ...