When evaluating stocks, there are literally hundreds of different metrics you can use, ranging from the basic to the specialized. Some metrics carry more weight than others, and this is especially true when evaluating dividend stocks.

For example, if a stock's payout ratio, dividend-growth rate, and interest coverage look bad, I don't really care about metrics such as earnings per share, or the actual amount of the dividend payment. With this in mind, here are 10 of the most important metrics that all dividend investors should know and use when choosing stocks to invest in. I'll use two of my favorite long-term dividend stocks, Johnson & Johnson (JNJ -0.69%) and Wal-Mart (WMT 1.32%), to illustrate what they mean, and what they can tell you about a dividend stock's merits as an investment.

The $15,978 Social Security bonus most retirees completely overlook
If you're like most Americans, you're a few years (or more) behind on your retirement savings. But a handful of little-known "Social Security secrets" could help ensure a boost in your retirement income. In fact, one MarketWatch reporter argues that if more Americans knew about this, the government would have to shell out an extra $10 billion annually. For example: one easy, 17-minute trick could pay you as much as $15,978 more... each year! Once you learn how to take advantage of all these loopholes, we think you could retire confidently with the peace of mind we're all after. Simply click here to discover how you can take advantage of these strategies.

All Johnson & Johnson and Walmart data was obtained from TD Ameritrade and is current as of 10/21/2015.