Fortunately, there are plenty of dividend stocks out there that don't cost an arm and a leg. Here are 10 of the best dividend stocks under $20, according to CFRA:

High-quality high-yield stocks have lagged the market's recovery and present great bargains for investors. Click here to read my income picks.

Even better, Prudential has solid long-term growth prospects -- especially in selling retirement products and services. The company estimates a $137 trillion retirement opportunity in the U.S. and a $26 trillion opportunity in Japan by 2050 due to aging demographics.

With cheap dividend stocks, you can earn income from regular payments. Find out which stocks deliver outsized payments to shareholders despite their low prices.

If you're looking for high-yield dividend stocks, there's certainly no shortage of them right now. Interest rates are elevated. Dividend yields have followed suit. Finding a dividend stock you can hold confidently for a decade or more,

Both companies have strong moats and excellent dividend track records. They are among the most recognizable companies in the world. There is no risk-free investment, and any claim to the contrary is probably a scam.