Last year was a great one for dividend stock investors. Overall, the 30 components of the Dow paid out a cumulative $124 billion in dividends in 2013. And the top three dividend payers alone, ExxonMobil (NYSE:XOM), AT&T (NYSE:T), and GE (NYSE:GE), sent a total of $28 billion to their shareholders over the course of the year.
In the video below, Fool contributor Demitrios Kalogeropoulos puts those huge payouts in perspective, and notes that investors can expect even higher dividends, particularly from these three giants, in the year ahead.
More dividend picks
Dividend stocks like these can make you rich. It's as simple as that. While they don't garner the notoriety of high-flying growth stocks, they're also less likely to crash and burn. And over the long term, the compounding effect of the quarterly payouts, as well as their growth, adds up faster than most investors imagine. With this in mind, our analysts sat down to identify the absolute best of the best when it comes to rock-solid dividend stocks, drawing up a list in this free report of nine that fit the bill. To discover the identities of these companies before the rest of the market catches on, you can download this valuable free report by simply clicking here now.
Fool contributor Demitrios Kalogeropoulos has no position in any stocks mentioned. The Motley Fool owns shares of General Electric Company. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.