Top S&P 500 Dividend Stocks for February

Stocks finally started rising again last week, but the market is still down on the year. As worrisome is that is, there is a sliver of a silver lining, at least for income investors: Yields on dividend stocks are going up. The S&P 500 is off 2.8% for the year-to-date. And before last week’s gains, the main market benchmark was down nearly 6% on the year. But since yields on dividend stocks move in the opposite direction of price, new money can now enjoy more bang for the buck. Indeed, around this time last month, the yield on the S&P 500 stood at 1.91% . Today it’s up to 1.96%

The names of the top 10 S&P 500 dividend stocks haven’t changed much since last month, but the yields are a bit higher. To get a sense of what’s out there among high-yield dividend stocks, here are the top 10 S&P 500 dividend stocks for February: Teco Energy (TE), Altria (MO), Pepco Holdings (POM), Health Care REIT (HCN), HCP (HCP), AT&T (T), Ensco (ESV), CenturyLink (CTL), Frontier Communications (FTR) and Windstream Holdings (WIN).

Source: InvestorPlace

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