3 Embarrassingly Cheap Dividend Stocks

Dividend stocks are almost always in high demand. Companies that can afford to pay investors a quarterly cut of their profits tend to perform better than non-dividend-paying stocks overall, and are also more reliable in times of recession.

However, not all dividend stocks are created equal. Some have earned the title of Dividend Aristocrat for raising their dividend payouts annually for more than 25 years while others fall into the category of yield traps. These are stocks that offer high dividend yields because they are cheap, but that also puts them at risk of a dividend cut. Some stocks, however, may be in the middle. They're cheap but can sustain generous dividend payments.

Below are three dirt-cheap dividend stocks that offer sky-high yields.

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Source Fool.com