Fast Money Traders Share Their Dividend Picks

On CNBC's Fast Money, Brian Kelly said that he is reluctant to buy stocks at current price levels, but he would consider buying Philip Morris International Inc. PM. If the stock breaks out above $90.25 or $90.50, it could be a nice winner, thinks Kelly. Karen Finerman believes that Verizon Communications Inc. VZ is a good dividend play. Steve Grasso would own Philip Morris International Inc.. He thinks that the tobacco stocks have more stability than the telecom stocks. Guy Adami likes Mattel, Inc. MAT. He likes its dividend yield and he expects to see some short covering in the name.