In the following video, consumer goods editor and analyst Austin Smith looks at three Dow dividend stocks that are being a bit stingy with their cash. JPMorgan, Caterpillar, and Chevron all have great dividend yields, with two of them even topping the broader Dow average! But the reality is that over the past five years these companies have been a bit stingy with their money, and they really could afford to pay out a bit more, whether as a dividend or in share repurchases.

Even though dividends are only half of the equation here, some of the most successful stock picks are still great dividend stocks purchased at attractive valuations on dips in the market. With that in mind, we've taken an in-depth look at all 30 Dow components and picked out our three favorite Dow dividend stocks that investors can buy right now. You can find the names and analysis of these companies in our brand-new free report: "The 3 Dow Stocks Dividend Investors Need." Read the report now -- it's absolutely free.

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.