Five favorite dividend stocks for 2015

Dividend stocks will always stay in favor with investors for two primary reasons. The first, and most obvious, is the income that they bring into a portfolio. Whether you get your dividends paid in cash, or reinvest them over time, the income is a great way to build wealth. A second, and just as important reason, is that dividend stocks tend to be more stable than non-dividend stocks.

Below are my favorite dividend stocks at the current moment, each of which I believe will enjoy dividend increases and stock appreciation in 2015: Colgate-Palmolive (CL), Waste Management (WM), Lowe's (LOW), Apple (AAPL) and Target (TGT).

Source: Market Intelligence Center

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