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
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.
Each of these
has a higher dividend yield than a S&P 500 index fund, has a buy rating from
trade ex-dividend tomorrow
(this means that you must purchase the stock today to qualify for the next dividend payment).
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.