BIPC - 3 Great Dividend Stocks You Can Buy for Less Than $50
2023-05-17 08:37:00 ET
Investing in dividend-paying stocks is a great way to start collecting passive income. Since most don't cost that much money, you can steadily buy more shares as you have cash available to invest.
Many excellent dividend stocks cost less than $50 a share. Brookfield Infrastructure Corporation (NYSE: BIPC) (NYSE: BIP) , NNN REIT (NYSE: NNN) , and Verizon (NYSE: VZ) are three great ones. Here's why those seeking to start collecting dividend income should consider this trio.
Brookfield Infrastructure Corporation currently trades at around $47.75 a share. That puts its dividend yield at around 3.3%, given its current payout rate of $0.385 per share each quarter. That's almost double the 1.7% dividend yield of an S&P 500 index fund .
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3 Great Dividend Stocks You Can Buy for Less Than $50