Where can I find the best dividend paying stocks?

How and where can I find the best dividend paying stocks? I currently have a brokerage account with Vanguard and a 401(k) with Fidelity. What are the advantages of these stocks over other investments?

Investing, Stocks
Sort By:
Most Helpful
January 2017

You can find lists of dividend paying stocks and rankings in many places. Vanguard and Fidelity have suggestions on their website research, but you could also try many other sources like Barron's, Zacks, Wall Street Journal, Motley Fool, SPDR's, etc. The word "best" is very subjective, possibly misleading and depends on who you talk to. If you want consistent dividend payers, that have paid dividends consistently over the years and or increased them each year, that is another matter that to me, is more important. You can look that information up in the same places. There are companies like Blackrock's (I Shares), SPDRs or Wisdom Tree, to name a few, that have a large selection and are another source that offers a wide variety of choices of dividend payers in many different asset classes, such as large, mid sized, and small companies, domestic and international. Also, there are many choices offered in various sectors, like utilities, REITs or mortgage MLP's, domestic and foreign. Do your research on the sector and be careful. Look beyond the dividend and make sure the companies are financially solid (think pipelines and their volatility and how people misunderstood how they work over the last year). Other people addressed how dividends work as well as the tax advantages of dividends, so i will not go into the topic, but I would suggest, do your research so you understand the fundamentals before selection. Investopedia also has some good information, so you may wish to check them out out for some fundamental information.

December 2016
February 2017
January 2017
January 2017