Update: Stock Picks for the week of 5/28/12 to 6/1/12

Welcome back to Dividend Stock Investing for the Common Man! Thank you stopping by and supporting the idea of investing in dividend paying stocks for the long term. I wanted to recap last week's picks for you since it is important to review all investments on a weekly, if not daily, basis.

It was a horrible week for the market as a whole. See below, this chart explains it all! The Dow Jones Industrial, S&P 500 and NASDAQ Composite index dropped significantly after Memorial Day, May 28th, 2012.

Although it was a rough week for the market, I remain confident in the stock market and now is the time to get in at reduced stock valuations. Grab some dividend aristocrats while they are at bargain prices. WM, MCD, UHT and DRI are valued at a discount this week.

As you can see below, it was a weak five days in every sector. Overall, 2 for 25 week. Always invest in high yielding dividend paying stocks for your retirement years. Much like the stocks listed below, you will be covered with quarterly dividends if the stocks just so happen to drop in value. Continue to hold on to your stocks for the long term so the dividends have plenty of time to compound.

Feel free to watch the videos below featuring Freeport-McMoRan Copper & Gold, Inc., Credit Suisse Group AG, Unilever plc and Molson Coors Brewing Company. All four companies will inject your Roth IRA stock portfolio with stability and profits via quarterly dividends, even when their share price take a hit due to market lag.

Until next time.. I wish you nothing but the best during your investing years. Perform your due diligence for each of these quality dividend payers below. Happy investing, reinvest those dividends and let your smart investment decisions work for you!

Company Name/Stock Ticker/Current Price @ 5/28/12/Quote @ 6/2/12

Freeport-McMoRan Copper & Gold Inc.(NYSE:FCX) $32.41 $32.07
Waste Management, Inc.(NYSE:WM) $32.96 $32.16
Plum Creek Timber Co. Inc.(NYSE:PCL) $36.71 $36.00
Universal Health Realty Income Trust(NYSE:UHT) $38.66 $38.28
McDonald's Corporation(NYSE:MCD) $91.05 $86.71
Portugal Telecom, SGPS (ADR)(NYSE:PT) $4.29 $3.90
Credit Suisse Group AG (ADR)(NYSE:CS) $19.77 $18.98
Unilever plc (ADR)(NYSE:UL) $31.88 $31.04
Chevron Corporation(NYSE:CVX) $98.86 $96.41
General Dynamics Corporation(NYSE:GD) $63.58 $62.72
Darden Restaurants, Inc.(NYSE:DRI) $53.06 $49.87
Cracker Barrel Old Country Store, Inc.(NASDAQ:CBRL) $59.82 $59.39
Omnicom Group Inc.(NYSE:OMC) $49.78 $46/37
Molson Coors Brewing Company(NYSE:TAP) $39.78 $38.33
Kinder Morgan Inc(NYSE:KMI) $32.42 $32.35
Retail Opportunity Investments Corp(NASDAQ:ROIC) $12.06 $12.04
BHP Billiton plc (ADR)(NYSE:BBL) $53.22 $52.20
SLM Corp(NASDAQ:SLM) $13.57 $13.69
Prospect Capital Corporation(NASDAQ:PSEC) $10.89 $10.71
Salem Communications Corp(NASDAQ:SALM) $4.76 $4.65
General Mills, Inc.(NYSE:GIS) $39.08 $37.90
The Pep Boys - Manny, Moe & Jack(NYSE:PBY) $11.07 $8.96
PNC Financial Services(NYSE:PNC) $62.09 $58.07
HSBC Holdings plc (ADR)(NYSE:HBC) $40.23 $38.69
The Southern Company(NYSE:SO) $45.69 $45.95

Freeport-McMoRan Copper & Gold, Inc. CEO Interview - 52 minutes

Credit Suisse Group AG CEO Interview - 14 minutes

Unilever plc CEO Speech - 12 minutes

Molson Coors Brewing Company - Peter Coors Receives Aware - 12 minutes

PNC Financial Services - PNC

PNC Financial Services Group, Inc., stock ticker PNC, is a diversified financial services company in the United States. PNC is engaged in retail banking, corporate and institutional banking, asset management, and residential mortgage banking, providing many of its products and services nationally. Their primary geographic markets included Pennsylvania, Ohio, New Jersey, Michigan, Illinois, Indiana, Kentucky, Florida, Virginia, Maryland, Missouri, Delaware, Washington, D.C., and Wisconsin. PNC also provides certain products and services internationally.

Most recently, PNC was given a buy rating by Morgan Stanley (MS). MS believes that due to PNC's ability to offset lower yields and if they are able to close the RBS Bank USA deal earnings per share can rise. PNC has a much lower risk loan portfolio than their competitors. Additionally, PNC pays a 35 cent quarterly dividend, which is a healthy 2.43% dividend yield. Back in 2005 their share price the exact value as it is today, however they paid a 50 cent dividend and before the Great Recession PNC was paying a 66 cent dividend. Now if that doesn't tell you that there will be more dividend increases over the next few years then I'm not sure what else to tell you. PNC's dividend increases make them a great value play.

PNC makes good solid positions and have gone after the Generation X market in a big way, rather than just going after them for credit cards. Their relationship and products with colleges students, for example, the Virtual Wallet, will bring them more customers. PNC is a conservatively managed bank and are expanding in an efficient, smart way. They have a stable deposit base, recent acquisitions were at reasonable prices, and the best part about PNC is that their exposure to troubled loans is considerably less than many banks (ahem Citigroup, ahh-chew Bank of America).

What I have noticed about PNC is that they are able to hold onto their customers. Their customer retention levels are much higher than their competitors. PNC is, like Destiny's Child says, a "survivor". They will not give up, they will work harder for their customers. When PNC acquired National City Bank they had a few bad quarters. They suffered due to a weakening of their credit portfolio, due largely to the residual issues from National City's acquired portfolio. As these bad loans were gradually erased from their books, they found, and continue to find, themselves with their traditionally strong franchise, yet now with an expanded footprint obtained on the cheap per the National City Bank acquisition.

In closing, please do your due diligence on this one. Banks are a tad risky right now, but for the long term you need to have at least one bank held within your Roth IRA stock portfolio. Similar to Wells Fargo, PNC was once a regional bank, but they are ready to play with the big boys who have fallen (C, BAC) and are ready to fly high! Please visit their website, here, and watch the videos below to learn more about this solid bank. Thank you for your time.