Earnings season is upon us and the stock market continues to hang tough despite the slowdown in top-line revenue finally weighing on profits. If forecasts hold true, this will be the first decline in S&P 500 earnings on the whole since 2009.
And looking forward, the next round of earnings could be even worse.
However, while growth investors might be a bit out of luck, there is a lot to be said for a strategy that relies on stable names with big dividends. These companies haven’t just seen nice share appreciation during the market rally, but also have the ability to hang tough when things go south thanks to bulletproof operations and the safety of dividends to keep stockholders from running to the exits.
Whether you’re looking for a low-risk way to muddle through earnings season or whether you’re looking for a safe place to park your cash because you fear a looming crash due to Europe or the fiscal cliff, high-yield dividend stocks are one of your best bets right now.
These top 10 Dow dividend stocks are some of the best picks out there, with all 10 stocks boasting a dividend yield of 3% or better. Take a look: