As we get rolling into September, the stock market continues to rally — much to the shock and surprise of many who think flat-lining corporate revenues and debt trouble in Europe and Washington (not to mention persistent unemployment trouble) should be holding stocks back.
But you can’t dispute the gains. Many big-name stocks including Dow entertainment powerhouse Disney (NYSE:DIS), tech giant Apple (NASDAQ:AAPL) and e-commerce king Amazon (NASDAQ:AMZN) are pushing all-time highs. That’s right, not just 52-week highs, but all-time highs.
Will the gains continue through the end of the year? Or will we see the macroeconomic troubles and global uncertainty start to take a toll? It’s anyone’s guess — and clearly “logical” bearish sentiment hasn’t held back the market as the S&P sits on a 14% gain year-to-date in 2012.
Whether you’re looking for a low-risk way to keep buying this rally or whether you’re looking for a safe place to park your cash before the bottom falls out, high-yield dividend stocks are one of your best bets right now. If QE3 comes to pass as many expect, bonds aren’t going to do much in the way of returns — and we all know that CDs and cash can’t keep up with inflation at these tiny returns.
These top 10 Dow dividend stocks are some of the best picks out there right now if you’re looking for investment ideas. There are a host of picks in the Dow with dividends, the vast majority over 2%, but these all yield 3% or better.