Dividends4Life: 3 Reliable Dividend Stocks With Yields Above 6% That You Can Buy for Less Than $100 Right Now

If you've been holding back from investing in your future just because you don't have a lot of extra cash to spare, I've got great news. You don't have to be wealthy to start building wealth. For less than $100, you could buy shares of three terrific dividend-paying businesses. These stocks have low share prices, but their dividend programs could deliver heaps of passive income to your brokerage account. They offer yields above 6%, and there's a pretty good chance that all three will raise their payouts further.

At recent prices, shares of AT&T (NYSE: T) offer a 6.2% yield and a pretty good chance for steady dividend raises in the years ahead. Pfizer (NYSE: PFE) stock has fallen about 28% over the past year due to disappointing COVID-19 product sales. At recent prices, it offers a big 6.2% dividend yield that will more than likely rise in the years ahead. Shares of the American tobacco giant Altria Group (NYSE: MO) are offering an eye-popping 9.5% dividend yield. The stock is under a lot of pressure because cigarette smoking is in decline, and the losses are accelerating. Altria's biggest problem now is the soaring popularity of Elf Bar and other flavored e-cigarettes that are not authorized for sale by the FDA.

Source: Yahoo Finance

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