3 Rock-Solid Dividend Stocks That Just Raised Their Payouts To Record Highs

Oftentimes a stock has a high yield simply because it has recently underperformed the stock market. But many of the best dividend stocks combine dividend raises with capital gains, giving investors a source of passive income and access to the risks and potential rewards of the stock market.

Microsoft (NASDAQ: MSFT), Emerson Electric (NYSE: EMR), and Hubbell (NYSE: HUBB) are three dividend stocks that don't sport the highest yields. But Microsoft and Hubbell have trounced the S 500's performance over the last five years, while Emerson blends an ultra-reliable yield with slow and steady growth.

Here's why all three stocks are worth buying now.

Source Fool.com