3 Dividend Stocks for Your Watchlist

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 a watchlist stock before because of its undervaluation and its massive yield, which is currently 8.5%. The company is still in the process of reinvesting in operations that it acquired from Verizon (NYSE: VZ) last year. Frontier's investment in rural broadband is growing, having so far achieved about one-third of its goal of a million new subscribers. As the company builds out its network, capital investment should fall, giving this company room to increase its dividend. If Frontier moves back into the low eights, I'll be adding this one to my Rising Star portfolio.... Read more