3 Top Stocks With High Dividend Yields

Major indexes are near all-time highs, but with the market approaching the 11th year of a bull run and some macroeconomic factors raising the specter of recession, it makes sense to allocate some of your investment dollars to more conservatively valued companies that pay great dividends. Income-generating stocks can bolster your portfolio through thick and thin, and narrowing in on businesses with compelling strengths that have been sidelined during the incredible bull run is one of the best ways to find value in this market.

Finding great income plays has become more difficult as stocks have climbed and people have flocked to dividend stocks due to low interest rates and bond yields. But those possibilities are still out their. Investors hunting for top dividend stocks should add Altria (NYSE: MO), AT&T (NYSE: T), and ExxonMobil (NYSE: XOM), three storied companies operating in three distinct industries that pay dividends yielding north of 5% and offer underappreciated performance potential.

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Source Fool.com