2 Dirt Cheap Dividend Stocks to Buy With $1,000 Right Now
They may not remain cheap for too much longer.
Overview
Dividend investing is a proven way to earn above-average long-term returns. That's why top dividend stocks often attract large crowds of investors and trade at a premium. However, it's possible to find quality income stocks that are reasonably -- or even attractively -- valued, perhaps because they have faced challenges from which they will recover, but the market has yet to catch on.
Let's consider two dividend stocks that fit this description: Pfizer (NYSE: PFE) and Bristol Myers Squibb (NYSE: BMY). For dividend seekers with $1,000 to spare -- that isn't saved for bills or emergencies -- here's why it would be a great idea to invest in these stocks.
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Originally published at www.fool.com.