I agree with your statement about hiding out in conservative dividend payers. This of course is the place to sit right now, especially if you are a retiree looking for the divy to live on, or even just looking for a pretty safe place to keep your money growing. I'd like to add another stock that's done well for me as far as dividends, and that is Linn Energy ( LINE ). Over the past year or so I've received a whopping 8% divy from this company along with a $10.00 per share gain. Of course as the stock price goes up, the divy yield goes down,which I'm sure you're aware of. Take a look at this one, I think you'll like what you see. Visit the Line message board and read what Jack Heller has to say about this stock, he's very much into what's going on with Linn Energy. Good luck my friend.