Paralysis analysis. It's what happens when you have so many alternatives to evaluate that overthinking causes you to be unable to make a decision.

This condition can easily occur when selecting dividend stocks. Over 4,000 stocks traded on U.S. exchanges offer dividends. But income-seeking investors don't have to suffer from paralysis analysis. Here are three no-brainer dividend stocks to buy with $1,000 right now.

Brookfield Renewable Partners (NYSE: BEP) (NYSE: BEPC) offers a distribution yield of over 4.2% for its limited partnership shares (traded under the BEP ticker) and over 3.8% for its corporate shares (traded under the BEPC ticker). With either stock, you'll get a piece of the same underlying business.

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Source Fool.com