3 Great Dividend Stocks You Can Buy for Less Than $50

You don't need much money to generate passive income from the stock market. Many high-quality dividend stocks sell for less than $50 a share. That allows you to put even a little bit of money to work generating income.

Three great dividend stocks with low share prices are Medical Properties Trust (NYSE: MPW), Kinder Morgan (NYSE: KMI), and STORE Capital (NYSE: STOR). With stock prices currently in the $16 to $26 range, and above-average dividend yields, they can help investors maximize their ability to earn dividend income.

Medical Properties Trust is a real estate investment trust (REIT) that focuses on owning hospitals. It leases these facilities to healthcare companies, supplying it with steady rental income to pay its dividend. The healthcare REIT currently offers a 7.3% dividend yield on its $16 stock price.

Source Fool.com