The Dow Jones Industrial Average is packed to the rafters with top-notch businesses. And every single one of these elite 30 stocks pays a dividend today. The combination of proven top-shelf quality and often lengthy dividend histories makes income investors drool over the Dow's ticker list. But how can you tell the best dividend stocks apart from the merely great ones?
If you're close to retirement, or even enjoying your golden years already, you're likely to care more about a hefty dividend yield today than about long-term growth prospects. From this perspective, the choice is pretty easy: Go with one of the Dow's rich-yielding telecom giants: At 5.1%, AT&T offers the most generous yield on the Dow today. Verizon Communications isn't far behind with its 4.2% yield.
Source: Daily Finance
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