SAN FRANCISCO (TheStreet) -- According to Jim Cramer, the major benefit to owning a dividend-paying stock isn't the dividend payout. "The reason to be attracted to strong, increasing dividends," he said, "is that they limit your downside, and your downside is what you have to be thinking about."

At Stockpickr, hundreds of portfolios are dedicated to dividend-paying stocks (to find them, just enter "dividend" in the

search box

). For example, there's the

High Beta Dividends

portfolio, the

Large-Cap Gold Stocks with Dividends

portfolio and the

Microcaps with Dividends

portfolio. (To create your own portfolio, just

sign up at Stockpickr

.)

Dividend experts such as David Peltier, portfolio manager of the

Dividend Stock Advisor

, says investors should "

focus on companies that are raising their dividends

." With that in mind, every week Stockpickr reviews the recent dividend declarations and compiles a portfolio of

dividend-increasers for the week

.

To read more,

visit Stockpickr.com

.

-- Written by Fred Fuld in San Francisco.

Stockpickr is a wholly owned subsidiary of TheStreet.com.