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Top 10 Dow Dividend Stocks for December

The best dividend stocks to round out 2014

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#7: Cisco (CSCO)

dividends-Cisco-stock-CSCODividend Yield: 3.2%
YTD Performance: +9%

You know technology stocks have really grown up when you start to see a few of them make the list of top dividend stocks.

Cisco Systems (CSCO) has underperformed versus the major averages during the bull market of 2013, as the shares are only up by 9% year-to-date. CSCO shot higher earlier in the year after it beat earnings estimates in its third quarter, but investors sold off the stock after each of the two following quarterly reports.

On the bright side, that selloff has boosted the dividend for new money looking to buy in to an appealing 3.2%. CSCO now trades at a measly 11.5 times earnings, which is about a third of the industry average.

That makes CSCO a very cheap stock, and as long as the dividend checks keep on coming, investors can relax knowing they’ll be getting paid while they wait for the shares to bounce back.

Article printed from InvestorPlace Media,

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