Dividends4Life: 3 Great Dividend Stocks You Can Buy for Less Than $50

Dividend stocks can be a popular subset of the stock market for many investors, especially those in or near retirement. After all, an income stream that results from doing nothing more than owning a great company does sound attractive. That said, not all dividend-paying companies are equal, and it makes the most sense to identify strong businesses that also pay dividends.

For those with limited funds, here are three companies with strong track records and bright futures that pay a healthy dividend and can be purchased for less than $50. Bank of America (NYSE: BAC) is one of the largest banks in the U.S., which gives it some advantages. Moving to a smaller bank, Live Oak Bancshares (NYSE: LOB) has a unique business model that helps it stand out among a sea of regional banks. With a dividend yield of 6.9%, EPR Properties (NYSE: EPR) is a compelling investment to consider due to its dividend alone.

Source: Yahoo Finance

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