The following video is part of our "Motley Fool Conversations" series, in which Austin Smith, consumer-goods editor and analyst, and Andrew Tonner, technology editor and analyst, discuss topics around the investing world.

In today's edition, they continue their series of looking at one dividend stock to buy and one to sell in 2012. Austin is giving Garmin a thumbs-down because of its recent dividend cut, competition from smartphones, and lack of entrance into the automotive sector. Andrew thinks China Mobile is a compelling buy. Its subscriber base is twice the U.S. population, it has a massive amount of cash, and it continues to put up steady growth figures.

If you're interested in Garmin or China Mobile on your quest for high-yielders, The Motley Fool has compiled a special free report outlining our 11 favorite dependable dividend-paying stocks. It's called "Secure Your Future With 11 Rock-Solid Dividend Stocks." You can access your complimentary copy today at no cost! Just click here to discover the winners we've picked.

Editor's note: The mention of Garmin's dividend decrease is incorrect. In 2010 Garmin paid a special dividend of $1.50. In 2011 Garmin paid one dividend of $0.80, and two of $0.40. The Fool regrets the error.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.