Best Dividend Stocks For 2014

Rock-bottom interest rates have left investors hungry for income-producing securities. That has led to a surge in the popularity of dividend stocks. No doubt investors will continue to seek out the best dividend stocks in 2014. Here are three attractive companies each growing their dividends and boasting price-to-earnings ratios near or below that of the overall stock market.

Kraft Foods' dividend yield recently hit 4%. The packaged-foods company raised its dividend by 40% last year. Given Kraft's 48% dividend payout ratio, future increases could also be on the horizon. McDonald's recently yielded 3.4%, and the company has grown its dividend 10% on average annually during the past five years. In fact, McDonald's has increased its dividend every single year since paying its first one in 1976. Target has doubled its dividend within the past five years, and it recently yielded 2.7%. With a payout ratio of 40%, the dividend still has a lot of growth potential.

Source: Daily Finance

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