2 Cheap Dividend Stocks You Can Buy Right Now

Income-seeking investors often face a dilemma when deciding which dividend stocks to buy. Because of the current low-interest-rate environment and red-hot stock market, they usually need to pay up for premium dividend stocks, locking in a less than desirable yield in the process. Otherwise, they'd need to take a chance on a stock with a higher yield that might also come with some financial issues.

However, there are a few diamonds in the rough that offer a more compelling yield without the premium price tag. Two top choices are pipeline giant Kinder Morgan (NYSE: KMI) and hospital REIT Medical Properties Trust (NYSE: MPW). As the following table shows, both offer an above-average current yield for a relatively cheap price:

Dividend Stock

Source: Fool.com