Dividend-paying stocks tend to be lower-risk investments compared to non-payers. They typically produce more than enough cash to fund their growth, leaving them with excess to return to shareholders via dividends. However, some dividend stocks are less risky than others. Black Hills (BKH 0.05%), Kinder Morgan (KMI 0.26%), and American States Water (AWR -0.65%) stand out to three Fool.com contributing analysts for their lower risk profiles. As a result, they can turn $1,000 into durable streams of dividend i ...