With Treasury yields sliding and the broader market trading near record highs, retail investors hunting for reliable passive income are getting squeezed. That makes brand-name dividend payers trading under $40 a share unusually interesting right now: you get household-name stability, room to compound shares, and yields that comfortably top what a savings account is paying.
With that in mind, here are three blue-chip dividend stocks trading under $40 that income investors should have on their radar today.
This post originally appeared at 24/7 Wall St.