After watching the benchmark S 500 index climb by 24% in 2023, investors might assume that all the good stocks are out of their price range. Nothing could be further from reality. Just $100 is more than enough to buy any of the high-yield dividend stocks on this list.

The businesses that underlie these three stocks offer dividend payments that have risen steadily for years. They're also well-positioned to continue raising their payouts in the years to come. Read on to see why they look like smart stocks to buy now for just about any investor who wants to start building a stream of passive income.

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Source Fool.com