A Great Dividend Stock You Can Buy Right Now

Dividend stocks are everywhere, but many just downright stink. In some cases, the business model is in serious jeopardy, or the dividend itself isn't sustainable. In others, the dividend is so low it's not even worth the paper your dividend check is printed on. A solid dividend strikes the right balance of growth, value, and sustainability.

Today, and one day each week for the rest of the year, we're going to look at one dividend-paying company that you can put in your portfolio for the long term without too much concern. This isn't to say these stocks don't share the same macro risks that other companies have, but they are a step above your common grade of dividend stock. Here's last week's selection. This week, I want to take a step back from our discussion last week of dividend aristocrats and again point out an up-and-coming dividend powerhouse in the technology sector: Applied Materials (Nasdaq: AMAT).

Source: Motley Fool

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