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Top 10 Dow Dividend Stocks for Retirement Investors

These blue chips offer solid, reliable income streams

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#8: Chevron

Chevron Corp. (NYSE:CVX)Current Dividend Yield: 3.2%
Performance So Far in 2012:

It might be a surprise that Chevron (NYSE:CVX) hasn’t done well lately as crude oil prices have risen. CVX stock actually is in the red 4% in 2012 while the market has moved about 5% higher. The one-year return for Chevron also is negative.

But on the income side, Chevron has strength that is hard to overlook. The company has paid dividends since 1912. It has increased its payouts twice in the last year, from 72 cents quarterly in March 2011 to 78 cents in then up again to 81 cents as of December 2011.

Crude oil prices aren’t going anywhere, so it’s safe to say that Chevron is at the very least going to hang tough. If you’re a dividend investor looking for a low-risk stock with a reliable revenue stream that ensures juicy payouts, Chevron certainly is worth looking into.

Article printed from InvestorPlace Media,

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