3 Dividend Stocks for Your Watchlist
Published Fri, 15 Apr 2011 on The Motley Fool

As I explained in a recent article, I look for dividends as a way to play stocks. Ideally, I'm looking for the dividend as a catalyst to fuel stock price growth. So with that, here are three dividend stocks I'm following and that you can follow, too, using our free Watchlist service. 1. Frontier Communications (NYSE: FTR ) I've highlighted Frontier as one of the best dividend stocks for 2011, as the company consolidates operations that it acquired from Verizon (NYSE: VZ ) last year. While the stock has taken a hit after the most recent earnings release because of consolidation difficulties, the stock still sports its 9.3% yield while we wait for the company to integrate operations. That yield is still notably higher than key wireline competitors Windstream (Nasdaq: WIN ) and CenturyLink (NYSE: CTL ) at 8% and 7.3%, respectively. I expect that yield gap to close in Frontier's favor as the year progresses and as the company realizes cost savings. I'll keep the dividend while I wait since I own shares in Frontier.... Read more