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With the current state of the economy and the recent volatility in the stock markets, investors around the world are unsure where to put their money. On the one hand, banks and bonds offer record low interest rates, often not even enough to cover the cost of inflation. On the other hand, other form of investments, be it property or stocks, have been exceptionally risky as of late. The circumstance creates a conundrum. At least, with some stocks, analysts are becoming optimistic. When a dividend-yielding stock carries analyst recommendations, the likelihood of an investor losing his shirt drops considerably.

With this in mind, we came up with a list of large US stocks that are constituents of the S&P 500 index, pay dividends over 3%, and have more than 80% of analysts recommending buy or better.

Chevron Corp. (NYSE:CVX) has a $212.41 billion market cap and pays a 3.00% dividend yield. The company is priced low at 8.27 times its forward earnings and recently traded at $106.66 a share. Analysts give the stock a one-year target estimate of $124.93, an increase of over 17%. If they are correct, the stock could have as much as 20% upside in the next year. Over 81% of analysts give CVX a rating of buy or better.

International Paper (NYSE:IP) has a $14.09 billion market cap and pays a 3.20% dividend yield. The company is priced low relative to its future earnings with a forward P/E ratio of 10.41. IP recently traded at $32.24 a share. Analysts estimate the company will go up roughly 16% over the next 12 months, giving the company a one-year target estimate of $37.42 a share. As such, IP has total estimated upside of just over 19% in the next year. Almost 91% of analysts give IP a rating of buy or better.

Mattel, Inc. (NASDAQ:MAT) has a $9.81 billion market cap and offers a 3.20% dividend yield. It is priced at 12.30 times its forward earnings. Analysts predict MAT stock will rise from $28.97, its most recent trading value, to $32.17 a share in the next year - a difference of over 11%. Combined, this puts MAT's total expected upside in the next year at just over 14%. Over 83% of analysts give MAT a rating of buy or better.

MeadWestVaco (MWV) has a $9.81 billion market cap and pays a 3.20% dividend yield. The company is priced at 16.24 times its future earnings. MWV recently traded at $31.30 a share. Analysts estimate its share price will increase by over 15% in the next year. If they are right, MWV could have a total upside over 18% in the next year. Roughly 90% of analysts give MWV a rating of buy or better.

Pfizer, Inc. (NYSE:PFE) has a $166.02 billion market cap and offers a 4.00% dividend yield. The company is priced low relative to its future earnings, with a forward P/E of just 9.40. PFE recently traded at $21.59 a share. Analysts give the stock a mean one-year target estimate of $24.09, representing a forecasted increase of around 11.6% over its current price. If the analysts are correct, PFE could have an upside of roughly 15.6% over the next year. Over 88% of analysts give PFE a rating of buy or better.

Republic Services (NYSE:RSG) has a market cap of $10.50 billion and pays a 3.10% dividend yield. RSG is priced at 14.05 times its forward earnings. Analysts expect big things for this stock. It recently traded at $28.35 a share but analysts say, on average, that the stock will reach $34.25 a share in the next year - an upside of almost 21%. This combined with its dividend yield means that investors will achieve a roughly 24% profit for each dollar invested in RSG, if analysts are right. Over 83% of analysts give RSG a rating of buy or better.

William Cos (NYSE:WMB) has a $17.10 billion market cap and offers a 3.50% dividend yield. It is priced a little high at 19.10 times its forward earnings but analysts predict WMB will also experience over 9% increase in share price, from its current trading price of $29.01 to a one-year target estimate of $31.71 a share. All in all, this means that if analysts are correct investors will enjoy over 12.50% gain in the next year, counting dividends and upside. Almost 88% of analysts give WMB a rating of buy or better.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.