3 Dividend Stocks to Buy That Are Under $20

When hunting for dividend stocks, you want to make sure that you are buying stocks that are actually able to afford those dividends. It sounds like a no-brainer, but sometimes companies run into trouble and will keep paying a dividend when they need the cash for operations. With stocks under $20, you have another advantage. You can buy more shares spending the same amount as you would for a more expensive stock. If the dividend payouts are equivalent in dollars, you’ll thus generate more income. So here are three such dividend stocks to consider...

Although it isn’t wise to just jump into any REITs or dividend stocks, I quite like what I see with Preferred Apartment Communities Inc. (NYSE:APTS). Nuveen Senior Income Fund (NYSE:NSL) is a closed-end fund (CEF), but I consider CEFs to be dividend stocks. The iShares International Preferred Stock ETF (BATS:IPFF) is a basket of preferred dividend stocks, and international ones at that.

Source: InvestorPlace

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