3 Incredibly Cheap High-Yield Dividend Stocks to Buy Now

Whether you are looking to supplement your income or looking to build wealth over very long periods of time, dividend stocks that can reliably pay you for years and gradually increase their payout can be a powerful part of your portfolio. What's even better is when you can buy those stocks at cheap prices, because it typically means they carry high yields.

While there are likely loads of candidates out there that fit this description, three companies have stood out to me as high-yielding dividend stocks you might want to consider for your portfolio: pipeline master limited partnership MPLX (NYSE: MPLX), telecommunications giant Verizon Communications (NYSE: VZ), and mining titan Rio Tinto (NYSE: RIO).

Source: Motley Fool

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