With the recent run up in the stock market, it is becoming increasingly difficult to find solid dividend plays. Below is my list of some of the best high yielding stocks.

AT&T (T), Verizon (VZ) – These two telecommunications giants both yield over 6%. Verizon currently trades at $32 per share and has a robust dividend of $1.90 per share. AT&T trades at $27 per share and pays out $1.64 per share. Both companies are trading at 12 times next years earnings estimates. If I had my pick I would invest in Verizon and its growing subscriber base.

British Petroleum (BP) – BP has long been my favorite oil stock since it was priced in the low $30′s. The oil conglomerate was yielding over 10% back in March. BP now trades for just under $60 a share and still yields 5.7%. I have owned BP for a few years and will continue to own the stock for its healthy dividend.

Kraft (KFT) – Although the stock has done virtually nothing over the past five years, Kraft is more then just mac and cheese. Kraft does has a solid dividend yield of 4.3%. Kraft is priced at $26.85 and pays $1.16 to its shareholders.

Eli Lilly (LLY) & Bristol Meyers(BMY) – These 2 pharmaceutical generate large amounts of free cash flow and yield 5% and 5.3% respectively.