Top Dividend Stocks For New Investors

If you're a beginning investor and the first things you're thinking of adding to your new portfolio are some top dividend stocks, bravo! You're on the right track, as dividends can be powerful wealth-builders, and they offer the extra benefit of providing income even during market or stock pullbacks. It can be hard to figure out, though, just which dividend stocks are best for you. It's good to seek significant income, of course, such as a yield of, say, 3% or more.

It's also good to choose dividends that have been growing significantly in recent years, as that can plump up your income stream further. When it comes to what kind of company to consider, you might start with the old adage to "buy what you know." Here are some top dividend stocks that beginning investors might consider: McDonald's (NYSE: MCD), Paychex (NASDAQ: PAYX), Waste Management (NYSE: WM) and S&P 500 ETF (NYSEMKT: SPY).

Source: Motley Fool

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