Dependable dividend stocks are an important part of any portfolio. In addition to providing stability, good dividend stocks also throw off a steady stream of income to help grow your portfolio or provide reliable cash flow for your living expenses.
Of course, finding these kind of dependable dividend stocks is much easier said than done.
In recent years, a number of dividend stocks have run into trouble. Some companies were forced to cut or eliminate dividends during the Great Recession, while others have kept their payments constant even as share prices have crumbled.
So how can investors be sure that the stocks they are buying now are reliable income plays that will serve them well both in 2014 and for the long haul?
To help, here’s a list of dependable dividend stocks with a good mix of both short-term and long-term performance. Every stock on this list has a very long history of dividend payouts and dividend increases, but also outperformance in share price since Jan. 1 and a current dividend yield of about 3% or better.