A wrote a comment at the Wall Street Journal Letters to the Editor.

Gabrielle Grossman wrote "As a person afraid to experience the anxiety connected with the ups and downs of stocks and bonds, I have kept my pension in the money market, hoping endlessly for a raise."

Ms. Grossman, if you invested in corporations which have a very long history of raising the dividend every year, including during recessions, and if you planned to own these shares for the rest of your life, you could have those raises you have been hoping for without ever having to worry about "the ups and downs". If you're never going to sell then you don't have to care if the stock market crashes because your dividend income will still be safe. Conservative dividend investors love when the stock market has a bad day because that means more buying opportunities.

Of course like any other method of investing, investing for dividends requires research, but that's easy with websites like Seeking Alpha.

http://www.wsj.com/articles/a-u-s-return-to-4-growth-isnt-likely-anytime-soon-1435352545#livefyre-comment