Diebold

Dividend yield: 4.2%
Payout ratio: 71%
How secure is the dividend? Very safe.

On Feb. 13, Diebold (DBD) raised its dividend for the 56th time in as many years. The maker of ATMs, security systems and election equipment, Diebold is benefiting from a push by banks toward automatic check deposit equipment at banks. Executives forecast earnings could rise 30% or more in 2009.

(Recommended by Scott Schluederberg of Hardesty Capital Management, who owns shares.)