Top 10 Dow Dividend Stocks

Jul 9, 2010, 4:26 pm EDT | By Jeff Reeves, Editor of InvestorPlace.com

High yield dividend stocks have fallen back into favor this summer as the market continues to remain choppy. Even though finding an investing strategy that works and generates big share price increases seems impossible, on thing that equity investors can rely on right now are the regular quarterly paydays from high yield dividend stocks.

And when it comes to high yield dividend stocks, there’s no better place to look than the bluest of the blue chip investments that make up the Dow Jones Industrial Average. These low-risk, stable companies are mainstays of many dividend investors’ portfolios.

But which Dow stocks are the best for dividends? To help you pick the highest yields, here is a ranking of the top 10 Dow dividend stocks as of July: