It has been a quiet August on Wall Street by all accounts. Despite the continuing threat of a European debt crisis and the looming “fiscal cliff” at home, despite persistently high unemployment in the U.S. and fears of a slowdown in China, the stock market continues its march upward. The Dow Jones Industrial Average is up more than 8% on the year and more than 3% in the past 30 days.
So will the party continue as we march into the end of 2012, with an ugly presidential election looming and an admittedly sluggish recovery? Maybe. Stocks continue to climb the proverbial “wall of worry,” and it’s hard to argue with the gains seen so far this year.
However, many investors have been burned by the volatility of the past several years and are looking to mitigate their risk. That means lower-risk investments — chief among them, high-yield blue chips that provide stability. Such defensive companies allow investors to ride broad market rallies through share appreciation, but also can withstand tough times or provide good income potential if the market moves sideways.
Whether you’re looking for a low-risk way to ride the market rally or whether you’re looking for a safe place to park your cash, high-yield dividend stocks have a lot to offer. And these top 10 Dow dividend stocks are some of the best picks out there right now if you’re looking for investment ideas.