Should You Buy the 3 Highest-Paying Dividend Stocks in the Dow Jones?
Each of the index's highest-yielding names has its own unique story right now.
The premise makes enough basic sense -- dividend income is good, so more dividend income is better. Therefore, if you want dividend income, make a point of buying higher-yielding stocks. Veteran investors know things aren't quite this simple, though. There's always more to the story. For instance, is the dividend in question actually going to be paid in the future, or is the underlying stock itself likely to lose value? What if you limited your options to the blue-chip stocks that make up the Dow Jones Industrial Average (DJINDICES: ^DJI)?
While no one can see the future, these are reasonable questions.
Image source: Getty Images.
