3 Dividend Stocks That Pay Better Than Coca-Cola

If you are looking at Coca-Cola (NYSE: K) in search of safety and yield, then step back for just a second. There are other stocks out there with higher yields and just as compelling backstories. These three Motley Fool contributors say Verizon (NYSE: VZ), Pfizer (NYSE: PFE), and Enterprise Products Partners (NYSE: EPD) deserve your attention. All of them provide higher yields and, notably, products and services that are vital to those who use them.

Brian Stoffel (Verizon): I'm not a dividend investor. I still have decades until my retirement, and I'm more focused on growth companies right now. But if I were on retirement's doorstep, Verizon would be a much more appealing income stock than Coke. And this goes far beyond the fact that Verizon's dividend yield -- at 4.3% -- is much larger than Coke's 3%.

Image source: Getty Images.

Source Fool.com