Dividend investing is a time-honored approach that gives investors passive income and a proven pathway toward creating long-term wealth. Because returns are generated both from dividend payments as well as stock price appreciation, dividend investing offers investors multiple ways to win, outperforming the broader market over time.

You may not think that you have enough to get started on building your stream of passive income from dividend stocks, but here's some good news: You don't need a lot of money to get started in dividend investing. The biggest journeys start with a small step, so here are three great dividend stocks that you can buy right now for less than $50 each. 

Image source: Getty Images.

Continue reading

Source Fool.com