NEW YORK ( TheStreet) -- In today's low interest rate environment, long-term investors may wish to consider dividend stocks as an alternative to fixed income investments.
At 2.13%, the dividend yield of the S&P 500 index generates more income than a 10-year Treasury note, but is still scant by absolute standards.
Income investors might find better opportunity in a diverse basket of carefully chosen stocks.
|Find Dividend Stocks, Funds and ETFs >>|
Each of these 10 stocks has a higher dividend yield than a S&P 500 index fund, has a buy rating from TheStreet Ratings and will trade ex-dividend tomorrow (this means that you must purchase the stock today to qualify for the next dividend payment).TheStreet Ratings stock-rating model favors defensive investments with a bias towards conservatively financed companies that have demonstrated a history of favorable shareholder returns. As always, stock ratings should not be treated as gospel -- rather, use them as a starting point for your own research. The stocks on the following pages are ranked by their dividend yield, in ascending order.