Top 5 High Dividend Stocks To Buy Right Now

There are lots of reasons to seek out healthy dividend-paying stocks for your portfolio. For one thing, they can generate income for you no matter what the overall economy or stock market is doing. That income alone can offset the erosive effect of inflation. Better still, dividends from growing companies tend to grow as well, giving you bigger payouts over time. That beats many other investment alternatives. High dividend stocks can naturally seem more appealing than low dividend ones, but they're not all gems. Still, some high dividend stocks are indeed worth salivating over -- and worth further investigation.

When you're looking at high dividend stocks,�understand that a hefty payout should never be enough. Some yields are high only because the stock has tanked. If it's a temporary decline, you might be looking at a tasty opportunity. If the company is in serious trouble, though, steer clear despite the big payout. It's far from uncommon for dividends to be reduced or eliminated. Cast an eye on the dividend growth rate, too, because a slow-growing 5% yield can be eclipsed by a fast-growing 3% or 4% one.

Top 5 High Dividend Stocks To Buy Right Now: Maxwell Technologies Inc.(MXWL)

Maxwell Technologies, Inc., together with its subsidiaries, develops, manufactures, and markets energy storage and power delivery products, and microelectronic products worldwide. The company offers Ultracapacitors that are energy storage devices to provide energy storage and power delivery solutions for applications in transportation, automotive, information technology, renewable energy, and industrial electronics industries; and CONDIS high-voltage capacitors comprising grading and coupling capacitors, and capacitive voltage dividers used to ensure the safety and reliability of electric utility infrastructure and other applications involving transport, distribution, and measurement of high-voltage electrical energy. It also provides radiation-hardened microelectronic products, including single board computers and components, such as high-density memory and power modules for satellites and spacecraft applications. The company markets and sells its products through direct and indirect sales for integration by original equipment manufacturers into a range of end products. The company was formerly known as Maxwell Laboratories, Inc. and changed its name to Maxwell Technologies, Inc. in 1996. Maxwell Technologies was founded in 1965 and is headquartered in San Diego, California.

Advisors' Opinion:

• [By Roberto Pedone]

  My final breakout idea today is Maxwell Technologies (MXWL), which develops, manufactures and markets energy storage and power delivery products for transportation, industrialtelecommunications and other applications, as well as microelectronic products for space and satellite applications. This stock has been under pressure by the sellers so far in 2013, with shares off by 22%.

  If you look at the chart for Maxwell Technologies, you'll notice that this stock has been uptrending strong for the last month and change, with shares soaring higher from its low of $4.90 to its recent high of $6.75 a share. During that uptrend, shares of MXWL have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of MXWL within range of triggering a near-term breakout trade.

  Traders should now look for long-biased trades in MXWL if it manages to break out above some near-term overhead resistance at $6.75 a share with high volume. Look for a sustained move or close above that level with volume that registers near or above its three-month average action of 474,995 shares. If that breakout triggers soon, then MXWL will set up to re-fill some of its previous gap down zone from March that started at $7.80 a share. Any high-volume move above $7.80 will then put $8.50 to $9 into range for shares of MXWL.

  Traders can look to buy MXWL off any weakness to anticipate that breakout and simply use a stop that sits right below its 50-day at $6.23 a share or near $6 a share. One could also buy MXWL off strength once it clears $6.75 a share with volume and then simply use a stop right below its 50-day at $6.23 a share.

Top 5 High Dividend Stocks To Buy Right Now: Olidata Spa(OLI.MI)

Olidata S.p.A. engages in the production and distribution of personal computers in Europe. It purchases, assembles, services, markets, and programs computers, laser printers, tapes and accessories for the computers; and supports the magnetic reproduction of data for computers and accessory equipment, and other office machines and equipment. In addition to personal computers, Olidata's range of products includes notebooks, workstations, servers, monitors, and LCD televisions. The company also purchases and sells patents, technical processes, and know-how; and acquires and grants licenses.

Top 10 Construction Material Companies To Invest In 2014: Strategic Diagnostics Inc.(SDIX)

Strategic Diagnostics Inc., a biotechnology company, develops, commercializes, and markets proprietary products, services, and solutions for the pharmaceutical, biotechnology, diagnostics, food safety, and environmental markets. Its life science portfolio includes products and custom services that supply critical reagents used across the life science research and development markets. These products and services include custom antibodies, in-vitro diagnostic-grade antibodies, proprietary critical reagent products, associated bio-processing services, and custom assay design and development services that are sold to pharmaceutical, biotechnology, and diagnostic companies, as well as to biomedical research centers. The company also provides Kit products, including immunoassays, which represent advanced technology for the detection of food pathogens and soil contaminants. Its detection technologies allow industrial customers to identify the presence of adulterants, such as chem ical toxins, biological pathogens, and other contaminants, which can compromise human or environmental safety, and/or impact efficiencies of production processes. These products are used in various applications, including food and beverage manufacturing, environmental management, and agriculture and agro-science. The company markets and sells its products in the life sciences, and food safety product categories through a direct sales force, Internet, and a network of distributors, as well as through its corporate partners in the United States, Canada, Mexico, Latin America, Europe, and Asia. Strategic Diagnostics Inc. was founded in 1987 and is headquartered in Newark, Delaware.

Top 5 High Dividend Stocks To Buy Right Now: Altria Group(MO)

Altria Group, Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes, smokeless products, and wine in the United States and internationally. It offers cigarettes under the Marlboro, Virginia Slims, Parliament, Benson & Hedges, Basic, and L&M brands; smokeless tobacco products under the Copenhagen, Skoal, Red Seal, Husky brands, and Marlboro snus brands; and machine-made large cigars and pipe tobacco. The company also produces and sells blended table wines under the Chateau Ste Michelle and Columbia Crest names; and distributes Antinori and Villa Maria Estate wines and Champagne Nicolas Feuillatte in the United States. In addition, it maintains a portfolio of leveraged and direct finance leases in rail and surface transport, aircraft, electric power, real estate, and manufacturing. The company sells its tobacco products to wholesalers, including distributors; large retail organizations, such as chain stores; and the armed services. Altria Group, Inc. markets its wine products to restaurants, wholesale clubs, supermarkets, wine shops, and mass merchandisers. The company was founded in 1919 and is headquartered in Richmond, Virginia.

Advisors' Opinion:

• [By Paul Goodwin]

  Altria Group (MO) engages in the manufacture and sale of cigarettes, wine, and other tobacco products in the United States and internationally. This dividend champion has raised distributions for 43 years in a row. The company has a forward dividend payout ratio of 76%. Yield: 6.10%.

• [By Stephen Faulkner]

  I hate cigarettes. I don't smoke. My parents smoked them when I was growing up as a kid and I remember many times taking them out of my mom's purse and crushing them up then putting them back. That said, I understand that Altria is more than just cigarettes and also includes alcohol which, surprise!, I don't drink. These are two things that, despite the health risks they pose, *most* people will always buy. It's just how things go, and Altria is in the business of making money off of these "needs." I like them for the money they have the potential to make me, not for the products they sell. Altria runs a large market cap of $61.3 billion.

  Like many other companies Altria is in a bull run and trading $29.96 near light resistance directly above it. I see no reason that it will not break through this resistance and continue the current trajectory. My 2012 end of year price target is $35 indicating around a 17% potential gain. Dividend per share is currently $0.41 paid quarterly.

• [By Jonas Elmerraji]

  Altria (MO) is dying, but that shouldn't stop you from buying it. The $73 billion company is one of the biggest tobacco names in the world, with brands such as Marlboro under its belt. The problem is that Altria only represents the U.S. business of legacy tobacco giant Philip Morris (Philip Morris International (PMI) is the non-U.S. side of the business). With tobacco sales slowly declining here at home, selling cigarettes isn't exactly a growth opportunity.

  But the key word there is that the declines are slow, and as long as that remains the case, Altria will remain a cash cow that throws off a huge dividend payout -- a 4.82% yield right now. In the meantime, Altria has been expanding its portfolio in the "sin stock" world, expanding its exposure to alcohol with a 27% stake in SABMiller (SBMRY) and a wholly owned winemaker in Ste. Michelle Wine Estates. That's a big departure from the firm's former ownership of Kraft Foods (KRFT), but it's one that makes a whole lot more sense in my view.

  Regulations continue to put a very tight leash on cigarette makers' marketing efforts, and on new product offerings. But all of those challenges are already priced into shares. Customer stickiness is extremely high in the tobacco business, and that helps offset some of the marketing hurdles that Altria's faced with. As the firm continues to diversify outside of tobacco, it should stay relevant to investors. Until then, its dividend makes it worth buying for income.

Top 5 High Dividend Stocks To Buy Right Now: Daily Journal Corp.(S.C.)

Daily Journal Corporation publishes newspapers and Web sites in California, Arizona and Colorado. It publishes 11 newspapers that include Los Angeles Daily Journal, Daily Commerce, San Francisco Daily Journal, The Daily Recorder, The Inter-City Express, San Jose Post-Record, Sonoma County Herald-Recorder, Orange County Reporter, San Diego Commerce, Business Journal, and The Record Reporter. The company also offers California Lawyer magazine; produces various specialized information services; and serves as a newspaper representative specializing in public notice advertising. In addition, Daily Journal Corporation, through its subsidiary, Sustain Technologies, Inc., supplies case management software systems and related products to courts and other justice agencies, including administrative law organizations to help users manage electronic case files from inception to disposition, which include various aspects of calendaring and accounting, report and notice generation, the i mplementation of standards and business rules, and other corollary functions. The company was founded in 1986 and is based in Los Angeles, California.