3 Top Dividend Stocks With Yields Over 3%

Buying dividend-paying stocks and holding for the long term is a strategy that has historically given investors their best path to market-beating returns. However, simply chasing yield is a course of action that's ill-advised. Successful investors know to look for stocks with valuations that also leave room for capital appreciation and are backed by underlying businesses that can pave the way for continued income generation.

Today, we've put together a panel of three Motley Fool investors and asked each member to identify a dividend-paying stock that has these qualities and is worth pursuing. Here's why Kinder Morgan (NYSE: KMI), Abercrombie & Fitch (NYSE: ANF), and International Business Machines (NYSE: IBM) made the list.

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Source: Fool.com