Dividend stocks haven’t really been all that impressive in 2012, as “growthier” investments in tech have stolen the stage and the financial sector has just been on a tear.
But don’t count income investments out. Consider that JPMorgan Chase (NYSE:JPM), which was granted Federal Reserve permission to raise its dividend in March, and Intel (NASDAQ:INTC) have great yields despite huge run-ups in share price year-to date.
The reality is that despite some big moves up in share price for some stocks, the dividend yields in many low-risk stocks are rising, too. Consider that out of the top 10 Dow dividend stocks, not a single pick yields less than 3.1%!
If you’re a retirement investor, you know the importance of dividends to provide income via your IRA or brokerage account. And even those more on the aggressive side have to admit that an investor approaching retirement needs to keep a firm foundation for their portfolio — and low-risk dividend stocks are a great way to preserve capital while avoiding the very sleepy alternatives of an annuity or CD.
Whatever your strategy, these top 10 Dow dividend stocks are worth a look for your holdings: