We are adding a new dividend stock to lour recommended list today.

Name Being Added
Kraft Foods Group (KRFT) recently declared their dividend following the company’s split and the yield will be around the 4.5% yield level. Despite the stock being a low growth play, we see it as a solid income name for investors to consider. We would like the stock even more on pullbacks, but the 4.50% yield level is a good foundation for starters.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.