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.

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