3 Great Dividend Stocks You Can Buy for Less Than $50
Investing in dividend-paying stocks is a great way to start collecting passive income. Since most don't cost that much money, you can steadily buy more shares as you have cash available to invest.
Many excellent dividend stocks cost less than $50 a share. Brookfield Infrastructure Corporation (NYSE: BIPC)(NYSE: BIP), NNN REIT (NYSE: NNN), and (NYSE: VZ) are three great ones. Here's why those seeking to start collecting dividend income should consider this trio.
Brookfield Infrastructure Corporation currently trades at around $47.75 a share. That puts its dividend yield at around 3.3%, given its current payout rate of $0.385 per share each quarter. That's almost double the 1.7% dividend yield of an S&P 500 index fund.
Source Fool.com
Verizon Communications Inc. Stock
€38.04
-0.670%
The stock is one of the favorites of our community with 23 Buy predictions and 1 Sell predictions.
With a target price of 41 € there is a slightly positive potential of 7.8% for Verizon Communications Inc. compared to the current price of 38.04 €.
