Dividends4Life: 3 Stocks to Buy With Dividends Yielding More Than 3%

Smart dividend investors know that trying to maximize yield can get you in trouble with dividend stocks. Instead, more modest but still attractive yields can produce much better stock picks, especially when you combine them with long track records of substantial dividend growth. Below, you'll find three stocks that have above-average yields and have extremely impressive histories of growing their dividend payouts year in and year out...

Consumer goods giant Procter & Gamble (NYSE:PG) has a storied history of dominating the market for items that customers see as staples. From diapers to detergent and paper towels to toilet paper, P&G has served consumer needs since the mid-19th century. The plunge in oil prices has hurt energy companies big and small, and as the giant in the industry, ExxonMobil (NYSE:XOM) has had to deal with the resulting fallout. Tobacco giant Altria Group (NYSE:MO) is one of the most impressive dividend stocks of all time. Its returns over the past half-century have been stellar, with average gains of more than 20%.

Source: Motley Fool

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