Dividend stocks get new respect

Tom Huber started managing the T. Rowe Price Dividend Growth fund right around the time the tech bubble burst in 2000 and has seen plenty of market tumult since then. Through it all, the 45-year-old Wisconsin native has stuck with the slow and steady strategy of betting on companies with strong balance sheets and rising dividends. When stocks were soaring, that might have seemed boring. But with the markets seesawing wildly, its appeal is clear. The $2 billion fund has consistently beaten the market over the past decade, with a 4.1% annualized return, vs. the S&P 500's 3.2%. Huber makes the case for dividend stocks -- including struggling bank shares -- and discusses what he has been buying.