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The Top 10 S&P 500 Dividend Stocks for May

These stocks still have impressive yields despite market highs

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#2: Frontier Communications (FTR)

frontier-communications-ftr-stockFTR Dividend Yield: 6.6%

Once again, Frontier Communications (FTR) grabs the No. 2 spot for the top S&P 500 dividend stocks. This long-suffering stock is having a incredible year, though, gaining 29% for the year-to-date. That comes in spite of a mixed first-quarter performance in which both earnings and revenue missed Wall Street projections.

FTR is focusing on retaining customers and cutting costs. Although earnings per share are expected to decline this year, analysts think FTR will post a profit increase in 2015.

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