The Motly Fool: With the S&P 500 still near highs despite its recent drop, I've been shifting many of my individual stock holdings over to dividend-payers in preparation for a longer downturn myself. If you're looking to do the same, here are a few more companies that sport healthy dividend yields and are also defensive plays, at least to a significant degree: Company Recent Yield Kraft - 3.2% Sanofi-Aventis - 2.4% (NYSE: SNY) Southern - 4.5% (NYSE: SO) AT&T 3.6% (NYSE: T) Should you snap up shares of these companies? Not necessarily -- at least, not without doing additional due diligence. For example, is each stock's valuation reasonable?
$35.5 (09/02/07)
