How to add dividers and spaces between items in RecyclerView

This is an example of how it could have been done previously in the ListView class, using the divider and dividerHeight parameters:

<ListView
    android:id="@+id/activity_home_list_view"
    android:layout_width="match_parent"
    android:layout_height="match_parent"
    android:divider="@android:color/transparent"
    android:dividerHeight="8dp"/>

However, I don’t see such possibility in the RecyclerView class.

<android.support.v7.widget.RecyclerView
    android:id="@+id/activity_home_recycler_view"
    android:layout_width="match_parent"
    android:layout_height="match_parent"
    android:scrollbars="vertical"/>

In that case, is it ok to define margins and/or add a custom divider view directly into a list item’s layout or is there a better way to achieve my goal?