5 Boring Stocks Paying Solid Dividends

PG, JNJ and others may be dull, but their payouts are anything but drab

Oct 12, 2012, 8:30 am EDT | By Jim Woods, Editor-at-Large, The Wealth Shield

Altria Group

Dividend Yield: 5.3%

Once known as Philip Morris, Altria Group (NYSE:MO) is the premier manufacturer of tobacco products in the world. The maker of iconic brands such as Marlboro cigarettes has fired up shareholders portfolios with their dividend payout. In fact, the company has increased its dividend every year for the past 42 years. The shares currently offer an annual yield of 5.3%, an extremely attractive metric for income investors. Oh, and this year the stock is up nearly 15%, which is anything but boring even for traders.