Though Verizon sports the Dow's second biggest dividend and has realized more growth than rival AT&T, that doesn't make the company a winner. As Austin Smith and Jeremy Phillips discuss in the following video, while big dividends and wide moats are nice, there are better opportunities to be found on the index. 

For example, when it comes to a company with a great dividend, a wide moat, and better growth prospects than Verizon, Dow stocks such as McDonald's and 3M could be a safer bet.

For more, check out the video.

Austin Smith owns shares of Apple, Coca-Cola, and McDonald's. Jeremy Phillips owns shares of Apple. The Motley Fool recommends 3M, Apple, Coca-Cola, and McDonald's and owns shares of Apple and McDonald's. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.