One of the lessons you learn early on as an investor is that there is no one-size-fits-all approach to investing. Individual investors have varying investment goals, risk tolerance levels, and so forth. Some of these strategies are successful, some just tread water, and some are doomed to failure.

If you want an (almost) foolproof method of successful stock ownership, the dividend growth investing strategy can be a good fit. It requires you to remain focused on the fundamentals of your investments, and it relies on the growing passive income you get rather than on short-term share price movements. If you can buy in on these types of stocks while they are undervalued, you can also benefit from better yields and some price appreciation.

Let's look at a trio of arguably undervalued income stocks that currently sport 3%-plus dividend yields. These are dirt-cheap dividend stocks that beginners and seasoned investors alike should consider adding to their portfolios.

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Source Fool.com