Dividends can be the foundation of a long-term investment strategy. They provide shareholders with passive income distributed from companies' excess profits. However, there is a misconception about dividend stocks.

Some people think that because you need a lot of shares to have enough dividend income to live on, only deep-pocketed individuals should be dividend investors. That's not true.

I'll show you how $100,000 in annual dividend income can be yours with $200 invested monthly and enough time.

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Source Fool.com