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

While most dividend-paying stocks cost more than $50, there are a few below this mark that investors should consider today.

With this in mind, Ally Financial (NYSE: ALLY), Sealed Air (NYSE: SEE), and Hormel Foods (NYSE: HRL) fit the bill.

Let's explore why these businesses, home to rock-steady operations and well-funded dividends, make for great buy-and-hold investments.