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Top 10 Dow Dividend Stocks for Retirement Investors

These blue chips offer solid, reliable income streams

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#1: AT&T

AT&T TCurrent Dividend Yield: 5.7%
Performance So Far in 2012:
2%

One of the biggest stories in 2011 was that AT&T (NYSE:T) tried to leapfrog rival Verizon in the wireless market via a buyout of T-Mobile. But regulators ran interference, and AT&T abandoned its bid. Don’t think that means the biggest dividend payer in the Dow Jones Industrial Average should be cut loose from your portfolio, though. With a dividend yield of about 5.7%, this is a heck of an income play.

The story is the same for AT&T as Verizon, where a strong balance sheet and its entrenched status is offset by the lack of growth and the highly regulated nature of the telecom sector (case in point: the squashed T-Mobile bid).

But if you’re looking for a big dividend payer that will keep throwing off cash for decades, AT&T might be your best bet in the whole Dow Jones Industrial Average.

Jeff Reeves is the editor of InvestorPlace.com. Write him at editor@investorplace.com, follow him on Twitter via @JeffReevesIP and become a fan of InvestorPlace on Facebook. As of this writing, he did not own a position in any of the aforementioned stocks.


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

©2016 InvestorPlace Media, LLC

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