Buying companies that pay long-term dividends can be a great way to beat the market, and strong dividends are easier to find than you might think.
Wireless companies -- one of which you may be using right now to read this article -- are some of the highest-yielding stocks, with AT&T (NYSE:T) and Verizon Communications (NYSE:VZ) paying 5.2% and 4.3%, respectively.
3M (NYSE:MMM) isn't a company that gets a lot of headlines, but for 97 straight years, it's been paying investors just for owning its stock. In the past 56 of those years, it has increased its payment; it most recently raised the dividend by a hefty 35%.
Motley Fool specialist Travis Hoium thinks these are three of the most underappreciated dividends on the market. He explains why in the video below.
Travis Hoium manages an account that owns shares of 3M, AT&T, and Verizon Communications. The Motley Fool recommends 3M. 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.