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Top 10 Dow Dividend Stocks for Retirement Investors

These blue chips offer solid, reliable income streams

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#2: Verizon

VerizonLogo e1282588394281 Top 10 Dow Dividend Stocks for Retirement InvestorsCurrent Dividend Yield: 5.3%
Performance So Far in 2012:
-6%

Verizon (NYSE:VZ) remains the leading wireless telecom provider in the U.S. by subscriptions, thanks to the failed AT&T and T-Mobile merger. The company also is one of the top high-speed Internet providers in America via its FiOS fiber optic network. As the world becomes increasingly wired, it’s more important than ever before for companies like Verizon to be involved with the operations of businesses and the lives of regular Americans.

This provides a very stable revenue stream that accounts for huge dividends. Like many low-risk dividend stocks, this is a double-edged sword since there may not be any huge growth opportunities for the entrenched telecom. But strong cash flow generation and the lack of any real competition from anyone other than AT&T (NYSE:T) means this telecom stock is a stalwart that’s here to stay.

You may not get rich riding the shares higher. But you could do worse than a 5% annual return via dividends.


Article printed from InvestorPlace Media, http://investorplace.com/2012/04/top-10-dow-dividend-stocks-for-retirement-investors/.

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