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

It's fair to assume a great stock is going to cost more than the average stock on a price-to-earnings ratio basis as well as an absolute basis. The highest echelon of companies seems to seek out the stature associated with a sky-high, per-share stock price. Amazon shares, for instance, are priced well above $3,000 currently, while a share of Alphabet currently goes for more than $2,700. Either stock costs more than the average monthly house payment in the U.S.

So what's an investor with less available cash supposed to do?

Well, there is always the option of buying fractional shares. But another good alternative is to plug into a high-quality company with shares priced more to your style. If the great company also happens to be paying a nice dividend, all the better. Here are three great dividend stocks you can buy today for less than $50 per share.

Source Fool.com