2 Great Dividend Stocks You Can Buy for Less Than $50 a Share

A more expensive stock may have a higher dividend payout, but that doesn't necessarily mean it's a better dividend stock. It's all about the yield. If a lower-priced stock has a higher yield than the more expensive one, it can deliver more dividend income for the same dollar amount invested. And steady, increasing income is often a prime reason for getting into dividend investing, even if you don't have a lot to invest.

Let's take a closer look at two high-yield dividend stocks that you can buy for under $50 per share.

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Source Fool.com