Buy These Dividend Stocks

Credit Suisse(CS_) says U.S. stocks will trade within a narrow range. The bank predicts a ceiling of 1,200 on the S&P 500 and a floor of 1,000. It's no wonder the bank is recommending clients purchase dividend stocks. Here are 15 of Credit Suisse's 20 favorites. They are ordered by yield, from big to biggest:

15. PepsiCo(PEP), Dividend Yield: 2.9%, Forward P/E: 14
14. General Mills(GIS), Dividend Yield: 3.0%, Forward P/E: 14
13. Procter & Gamble(PG), Dividend Yield: 3.3%, Forward P/E: 15
12. McDonald's(MCD), Dividend Yield: 3.3%, Forward P/E: 16
11. Johnson & Johnson(JNJ), Dividend Yield: 3.4%, Forward P/E: 13
10. Kraft Foods(KFT), Dividend Yield: 3.6%, Forward P/E: 14
9. Kimberly-Clark(KMB), Dividend Yield: 3.9%, Forward P/E: 13
8. Excel Energy(XEL), Dividend Yield: 4.2%, Forward P/E: 14
7. American Electric Power(AEP), Dividend Yield: 4.6%, Forward P/E: 12
6. Bristol-Myers Squibb(BMY), Dividend Yield: 4.7%, Forward P/E: 13
5. Southern Co.(SO), Dividend Yield: 4.8%, Forward P/E: 15
4. Consolidated Edison(ED), Dividend Yield: 4.8%, Forward P/E: 14
3. Duke Energy(DUK), Dividend Yield: 5.5%, Forward P/E: 13
2. Progress Energy(PGN), Dividend Yield: 5.5%, Forward P/E: 14
1. Verizon(VZ), Dividend Yield: 6.0%, Forward P/E: 14

Source: TheStreet.com

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