2 Cheap Dividend Stocks You Can Buy Right Now

Most stocks trading under $20 a share are priced that way for a reason. Either they're unproven (such as a clinical-stage biotech company) or they have had some financial difficulty.

That's what makes finding cheap dividend stocks difficult. Yes, there are plenty of stocks out there with high dividend yields, but many of those stocks got that high yield because of a plummeting stock price and the yield may not be sustainable.

To find a bargain dividend stock that's solid, it helps to keep the screening for this choice simple. Look for stocks that were well-priced compared to their peers, but with a dividend yield above 5% and a share price of $20 or below. It also helps to look for stocks whose share prices were down for the year but appear to be back on the upswing.

Source Fool.com