What do you look for in a dividend stock? If you're like most investors, the first thing you probably check out is the yield. But chasing yield can cause problems for your portfolio if those yields aren't backed up by solid fundamentals. Risk-averse investors need to make sure those high yields aren't likely to fizzle.
We asked three Motley Fool investors to highlight a top dividend-paying stock with a yield above 2% that is supported by a solid business underneath. They came back with Magellan Midstream Partners (NYSE:MMP), Home Depot (NYSE:HD), and Ford Motor Company (NYSE:F). Here's why they chose the way they did.
Source: Motley Fool
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