3 Dividend Stocks You Don't Have to Babysit

Dividend stocks are supposed to occupy the part of your portfolio that requires the least amount of maintenance. You find a company that has a dominant position in its industry, is run well, and offers a steady cash payout. You buy it and hold it for the long term, collecting those quarterly deposits for as long as you need them. The problem is that many times, we chase the wrong things when looking for dividend stocks.

While a high-yield stock might seem tempting when you hit the "buy" button, for example, it usually means there's something amiss with the company that's going to require vigilance on your part. That's OK for some investors, but many simply want dividend stocks they don't have to babysit. Recently, we asked three of our analysts to offer up such stocks. Read below to see why Hershey's (NYSE: HSY), Kraft Foods (NASDAQ: KRFT), and Kimberly-Clark (NYSE: KMB) all fit this mold.

Source: Motley Fool

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