As the interest in investing in dividend stocks grows investors are left wondering which stocks are best. Below is a list dividend paying stocks that meet my high standards. Please note, this is not a recommendation to buy. Please do your own research before investing.

Stocks on this list meet or exceed the following conditions:
Market Cap: $1 Billion
P/E Ratio: 15
Dividend Yield: 5%
Stock Price: $15

Company	Symbol	Market Cap	PE Ratio	Yield %	Price
Alexandria Real Estate Equities, Inc.	ARE	1.87B	22.78	6.02	58.01
Arthur J. Gallagher & Co.	AJG	2.28B	16.7	5.27	24
AvalonBay Communities, Inc.	AVB	4.02B	17.35	7.09	52.16
Boston Properties, Inc.	BXP	4.99B	17.09	6.64	41.34
BRE Properties, Inc.	BRE	1.28B	25.54	9.16	25.1
Bristol Myers Squibb Co.	BMY	44.12B	24.44	5.7	22.35
Camden Property Trust	CPT	1.40B	43.22	11.24	26.32
Corporate Office Properties Trust	OFC	1.36B	46.46	6.29	26.41
Diageo plc (ADR)	DEO	32.31B	16	5.61	51.71
El Paso Pipeline Partners, LP	EPB	1.88B	15.38	7.35	16.66
Eli Lilly & Co.	LLY	42.98B	17.14	5.24	37.8
Equity Residential	EQR	6.63B	52.47	7.98	24.38
Essex Property Trust, Inc.	ESS	1.76B	41.54	6.21	65.5
Federal Realty Inv. Trust	FRT	2.86B	25.19	5.37	48.55
Hawaiian Electric Industries, Inc.	HE	1.86B	15.7	5.73	21.89
HCP, Inc.	HCP	5.69B	29.28	8.79	22.52
Health Care REIT, Inc.	HCN	3.84B	24.36	7.61	37.08
Highwoods Properties, Inc.	HIW	1.44B	43.6	7.93	22.64
Home Properties, Inc.	HME	1.12B	40.11	8.22	34.8
Inergy, LP	NRGY	1.07B	36.2	12.24	21.02
Integrys Energy Group, Inc.	TEG	3.16B	16.52	6.44	41.29
JPMorgan Chase & Co.	JPM	86.23B	26.29	8.4	23.1
Kinder Morgan Energy Partners LP	KMP	12.58B	29.53	8.87	48.25
Liberty Property Trust	LRY	1.87B	15.79	10.86	19.08
Mack-Cali Realty Corp.	CLI	1.36B	18.96	13.2	20.61
Nationwide Health Properties Inc.	NHP	2.47B	21.48	7.31	24.89
Paychex, Inc.	PAYX	8.89B	15.7	5.02	24.64
Pitney Bowes Inc.	PBI	4.66B	16.53	6.16	22.61
Plains All American Pipeline, LP	PAA	4.64B	16.26	9.79	37.74
Plum Creek Timber Co. Inc.	PCL	5.15B	20.77	5.69	30.86
Realty Income Corp	O	1.99B	20.62	9.2	19.04
Regency Centers Corporation	REG	2.55B	17.17	8.47	36.44
Simon Property Group, Inc	SPG	9.75B	24.04	8.75	43.17
Taubman Centers, Inc.	TCO	1.09B	30.93	8.12	20.61
The Allstate Corporation	ALL	14.16B	92.75	6.3	26.42
The Macerich Company	MAC	1.21B	20.57	22.01	15.91
Ultrapar Participacoes SA (ADR)	UGP	2.98B	16.04	5.11	22.31
Ventas, Inc.	VTR	4.03B	23.33	7.99	28.11
Vina Concha y Toro SA (ADR)	VCO	1.13B	19.67	5.63	31.45
Vornado Realty Trust	VNO	7.79B	17.45	7.98	50.5