2 Excellent S&P 500 Dividend Stocks to Buy in January

The bull market has sent the S&P 500 up 23% over the last year. But this run has brought the average yield of the index down to just 1.24% -- the lowest yield since 2000.Investors looking to boost their yield in the new year can find compelling choices in retail and telecommunications. Here are two solid dividend payers that can help you increase your passive income.1. TargetRising inflation and interest rates have taken a toll on many retail companies. Leaders like Walmart and Costco have handled the headw ...