The eurozone debt crisis still is in focus, investors remain jittery and the stock market has given up nearly all of its gains made this year.
That all adds up to a “risk-off” environment where many investors are turning to stable stocks with big brands, bulletproof balance sheets and reliable income generation via quarterly dividends. This is especially true for retirement investors who are equally concerned with capital preservation as they are with tapping into a rally — if and when one ever transpires.
When you are thinking in terms of retirement decades down the road, dividends can add up in a hurry. Consider this: If you buy a stock with a 4% dividend, you will double your money in about 18 years even if the stock goes nowhere. That’s peace of mind that many long-term investors thirst for right now.
So if you’re looking for the biggest brands with the biggest-yielding stocks, here’s a list of the top 10 dividend stocks in the Dow Jones Industrial Average to help you out: