Investing in dividend-paying stocks can be a great way to generate passive income. Many of them offer attractive yielding payouts that they steadily increase. Meanwhile, it often doesn't take much money to start since many great dividend stocks have reasonable share prices.

Brookfield Renewable (NYSE: BEPC)(NYSE: BEP), Invitation Homes (NYSE: INVH), and Williams Companies (NYSE: WMB) offer investors attractive and growing dividends for share prices below $50. That makes them ideal ways to put a little bit of money to work generating dividend income.

Brookfield Renewable currently trades at less than $24 per share, putting its dividend yield around 5.8%. That's an attractive current yield, considering that the S 500's dividend yield is around 1.6%. 

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Source Fool.com