Top Dividend Stocks To Own Right Now

Over the past few months, popular mREITs -- mortgage real estate investment trusts, that is -- have been pummeled in the markets.

For these mREITS, the market has ignored the rebounding real estate market, the explicit backing of�Fannie Mae� (NASDAQOTCBB: FNMA  ) and�Freddie Mac� (NASDAQOTCBB: FMCC  ) by the U.S. government, strong performances from mortgage originators this year, and the impressive dividends offered by leading companies like�American Capital Agency (NASDAQ: AGNC  ) , CYS Investments (NYSE: CYS  ) , and Hatteras Financial (NYSE: HTSI  ) .�

To understand what's driving this sector ever lower, Motley Fool contributor Jay Jenkins dives into the most basic question for mREITs: How do they actually make money?

The answer is fundamentally simple, but the nuance becomes complex when analyzing the future of these company's dividends.

Make no mistake, dividend stocks can make you rich. It's as simple as that. But only if they will pay out over the long term. As mREITs struggle to maintain earnings sufficient to pay the dividend, there are other opportunities in the market to grow your investment income portfolio. And with stability over the long term, the compounding effect of the quarterly payouts, as well as their growth, adds up faster than most investors imagine. With this in mind, our analysts sat down to identify the absolute best of the best when it comes to rock-solid dividend stocks, drawing up a list in this free report of nine that fit the bill. To discover the identities of these companies before the rest of the market catches on, you can download this valuable free report by simply clicking here now.

Best Services Companies To Invest In Right Now: Cincinnati Financial Corporation(CINF)

Cincinnati Financial Corporation engages in the property casualty insurance business in the United States. Its Commercial Lines Property Casualty Insurance segment provides coverage for commercial casualty, commercial property, commercial auto, and workers? compensation. It also offers specialty packages, including coverages for property, liability, and business interruption for specific industry classes, such as artisan contractors, dentists, or street businesses. In addition, this segment provides contract and commercial surety bonds, fidelity bonds, and director and officer liability insurance, as well as machinery and equipment coverage. The company?s Personal Lines Property Casualty Insurance segment offers coverage for personal auto and homeowners, as well as other insurance products, such as dwelling fire, inland marine, personal umbrella liability, and watercraft coverages to individuals. Cincinnati Financial?s Excess and Surplus Lines Property Casualty Insurance s egment offers commercial casualty insurance that covers businesses for third-party liability from accidents occurring on their premises or arising out of their operations, including products and completed operations; and commercial property insurance, which insures loss or damage to buildings, inventory, equipment, and business income from causes of loss, such as fire, wind, hail, water, theft, and vandalism. The company?s Life Insurance segment provides term insurance; universal life insurance; whole life insurance; and worksite products, which include term, whole life, universal life, and disability insurance offered to employees through their employer. This segment also markets disability income insurance, deferred annuities, and immediate annuities. Its Investment segment invests in fixed-maturity investments, equity investments, and short-term investments. Cincinnati also offers commercial leasing and financing services. The company was founded in 1950 and is headquarte red in Fairfield, Ohio.

Advisors' Opinion:

• [By Insider Monkey]

  Cincinnati Financial (CINF), lastly, is an under-covered insurance company that has grown dividends in 53 straight years. The stock pays a yield of 3.5% at a modest payout of 47% of earnings, and in 2013, it has appreciated by more than 20%. Three Cincinnati Financial insiders-one director, a senior VP and the company's CFO-have bought shares in the past six months. CFO Michael Sewell initiated the biggest transaction of the bunch when he bought $147K worth of the stock in the last few days of July.

• [By Dividends4Life]

  Cincinnati Financial Corp. (CINF) is an insurance holding company that primarily markets property and casualty coverage. It also conducts life insurance and asset management operations. The company has paid a cash dividend to shareholders every year since 1954 and has increased its dividend payments for 53 consecutive years. Yield: 3.3%

• [By Charles Carlson]

  If you are new to DRIP investing, treat yourself to a few DRIPs this holiday season. Trust me��t'll change your life.

  American Water Works (AWK)��ielding 2.7% with a DRIP minimum of $100
  
  Cincinnati Financial (CINF)��ielding 3.2% with a DRIP minimum of $25
  
  CVS Caremark (CVS)��ielding 1.4% with a DRIP minimum of $100
  
  Dominion Resources (D)��ielding 3.4% with a DRIP minimum of $40
  
  Domino's Pizza (DPZ)��ielding 1.2% with a DRIP minimum of $65
  
  Eaton (ETN)��ielding 2.3% with a DRIP minimum of $100
  
  Flowserve (FLS)��ielding 0.8% with a DRIP minimum of $100
  
  Kellogg (K)��ielding 3.0% with a DRIP minimum of $50
  
  New Jersey Resources (NJR)��ielding 3.7% with a DRIP minimum of $100
  
  Quest Diagnostics (DGX)��ielding 2.0% with a DRIP minimum of $100
  
  Tim Hortons (THI)��ielding 1.7% with a DRIP minimum of $25
  
  

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Top Dividend Stocks To Own Right Now: New York Mortgage Trust Inc.(NYMT)

New York Mortgage Trust, Inc., together with its subsidiaries, operates as a real estate investment trust (REIT) in the United States. The company engages in acquiring, investing, financing, and managing mortgage-related assets. It primarily invests in agency residential adjustable-rate, hybrid adjustable-rate, and fixed-rate mortgage-backed securities (RMBS); non-Agency RMBS; prime adjustable-rate residential mortgage loans held in securitization trusts; commercial mortgage-backed securities; commercial mortgage loans; and other commercial real estate-related debt investments. The company has elected to be taxed as a REIT and will not be subject to federal income tax if it distributes at least 90% of its REIT taxable income to its stockholders. New York Mortgage Trust, Inc. was founded in 1989 and is headquartered in New York, New York.

Advisors' Opinion:

• [By Eric Volkman]

  Investors are being rewarded for putting their trust in New York Mortgage Trust (NASDAQ: NYMT  ) . The REIT has declared a common stock dividend for its current quarter of $0.27 per share, to be paid on July 25 to shareholders of record as of June 28. That amount matches each of the company's preceding four distributions, the most recent of which was doled out at the end of April. Before that, it paid $0.25 per share.

• [By Susan J. Aluise]

  LEN stock is only up about 3% in 2014, but it’s clearly a growth play. With a price-to-earnings-growth (PEG) ratio of just 0.6 and a forward P/E of a little more than�12, LEN stock looks undervalued now. LEN pays a nominal dividend with a 0.4% current yield, but the company knows its market and is positioning its new properties well, so LEN promises to be a solid buy-and-hold stock.

  REIT:�New York Mortgage�(NYMT)

  There are two basic types of REITs –�those that hold real property and those that hold mortgages on property (mortgage or mREITs). Among mREITs, New York Mortgage�(NYMT)�is a so-called ��ybrid mREIT�� meaning that it holds a combination of federally guaranteed (agency) and non-agency debt, like commercial mortgage-backed securities (CMBS).

• [By Lawrence Meyers]

  Next Page

  Preferred Stocks: New York Mortgage Trust (NYMT)

  Dividend Yield: 8.2%

  New York Mortgage Trust (NYMT) is a mortgage real estate investment trust, or mREIT, that acquires, invests in, finances and manages mortgage related securities. These mREITs are very much tied to interest rates, so while rates are low, the stocks will do well. NYMT common stock, in fact, yields more than 14%. Yet that�� why I would choose the New York Mortgage Trust 7.75% Preferred Series B (NYMTP).

• [By Amanda Alix]

  More mREITs stay the course, but two trim payouts
  Despite suffering many tumbles and bruises, several mREITs have announced that their dividends will be unchanged from the previous quarter. Several did so last week, and yesterday saw Hatteras Financial (NYSE: HTS  ) , an agency-only trust, keeping its own $0.70 per share�payout the same. Hybrid New York Mortgage Trust (NASDAQ: NYMT  ) also kept its dividend stable, at $0.27 per share, in line with its four most recent distributions.

Top Dividend Stocks To Own Right Now: Vornado Realty Trust(VNO)

Vornado Realty Trust is a privately owned real estate investment trust. The trust engages in investment, ownership, and management of commercial real estate. It invests in the real estate markets of United States. The trust primarily invests in office, industrial and retail properties. Vornado Realty Trust is based in New York, New York.

Advisors' Opinion:

• [By Dividend King]

  Earnings per share (TTM) came in at $3.48, compared to -$0.33, $1.46, and $4.17 for competitors General Growth Properties Inc. (GGP), Macerich Co. (MAC) and Vornado Realty Trust (VNO), respectively.

• [By Anna Prior]

  Vornado Realty Trust sa(VNO)id its board of trustees has approved a plan to spin off the commercial property owner’s shopping center business into a new publicly traded real-estate investment trust.

• [By Robert Hsu]

  Vornado Realty Trust (NYSE: VNO) is a traditional REIT.

  Unlike mortgage REITs, Vornado actually invests directly in prime real estate properties such as office buildings, and the rents from these properties are what Vornado uses to generate income for unitholders.

• [By Alyssa Oursler]

  No wonder�Ackman�and�Vornado Realty Trust�(VNO) have both swallowed their losses in JCPenney stock and headed for the exit.

  Sell or Avoid JCPenney Stock

  Despite the losses Ackman and VNO endured, selling JCP when they did ended up being the right move.

Top Dividend Stocks To Own Right Now: Matthews International Corporation(MATW)

Matthews International Corporation designs, manufactures, and markets memorialization products and brand solutions for the cemetery and funeral home industries in the United States, Mexico, Canada, Europe, Australia, and Asia. The company's Bronze segment offers cast bronze memorials and other memorialization products; and cast and etched architectural products, as well as builds mausoleums. Its Casket segment provides wood and metal caskets; and casket components, such as stamped metal parts, metal locking mechanisms for gasketed metal caskets, adjustable beds, interior panels, and plastic ornamental hardware, as well as provides assortment planning and merchandising, and display products to funeral service businesses. The company's Cremation segment offers cremation equipment; cremation caskets; equipment service and supplies; and cremation urns and memorial products, as well as offers environmental systems; crematory operations and management services; and cremation col umbarium and niche units. Its Graphics Imaging segment provides brand management, pre-press services, printing plates, gravure cylinders, steel bases, embossing tools, special purpose machinery, engineering and print process assistance, print production management, digital asset management, content management, and package design services. The company's Marking Products segment offers a range of marking and coding products and related consumables, and industrial automation products for identifying, tracking, and conveying consumer and industrial products, components, and packaging containers. Its Merchandising Solutions segment provides merchandising displays and systems, such as permanent and temporary displays, custom store fixtures, brand concept shops, interactive kiosks, custom packaging, and screen and digitally printed promotional signage; and offers design and engineering services. The company was founded in 1850 and is based in Pittsburgh, Pennsylvania.

Advisors' Opinion:

• [By Dan Caplinger]

  The first thing to realize about StoneMor is that arcane and flexible accounting rules make it important to dig beneath its GAAP earnings. Growth throughout the industry has been substantial, as up-and-coming Carriage Services (NYSE: CSV  ) continued to stay on pace for double-digit sales growth as it rapidly expands its reach. Even well-established player Matthews International (NASDAQ: MATW  ) managed to grow revenue by nearly 14% in the quarter that ended in March, although its earnings fell slightly from the year-ago quarter. Still, StoneMor's sales haven't been able to rise as quickly as its peers, with its previous report including just a 6% gain in revenue.

Top Dividend Stocks To Own Right Now: Pinnacle West Capital Corporation(PNW)

Pinnacle West Capital Corporation, through its subsidiaries, provides retail and wholesale electric services primarily in the State of Arizona. The company involves in the generation, transmission, and distribution of electricity through coal, nuclear, gas and oil, and solar resources. It also offers energy-related products and services, such as energy master planning, energy use consultation and facility audits, cogeneration analysis and installation, and project management with a focus on energy efficiency and renewable energy to commercial and industrial retail customers in the western United States. In addition, the company owns minority interests in various energy-related investments and Arizona community-based ventures; and develops residential, commercial, and industrial real estate projects in Arizona, Idaho, New Mexico, and Utah. As of December 31, 2010, it owned or leased approximately 6,290 mega watts of regulated generation capacity; and serviced approximately 1.1 million customers. Pinnacle West Capital Corporation was founded in 1920 and is based in Phoenix, Arizona.

Advisors' Opinion:

• [By Marc Bastow]

  Phoenix-based bank holding company Pinnacle West (PNW) raised its quarterly dividend 4% to 56.75 cents per share, payable on Dec. 2 to shareholders of record as of Nov. 1.
  PNW Dividend Yield:�3.91%

• [By Ben Levisohn]

  Iron Mountain has gained 2.6% to $26.55 at 3:05 p.m., making it the fourth-best performer in the S&P 500, ahead of WPX Energy (WPX), which has gained 2.4% to $19.94, Pinnacle West Capital (PNW), which has gained 2.3% to $53.55 and Dominion Resources (D), which has risen 2.1% to $59.85.

• [By David Dittman]

  Pinnacle West Capital Corp (NYSE: PNW) is one of the few US utilities that didn�� benefit from colder winter weather, as heating-degree days for its Arizona Public Service unit declined by 51 percent due to warmer temperatures and transmission revenue dipped, leading to a 36.4 percent drop in first-quarter earnings per share to $0.14.