With the market getting closer to a 10% correction, stocks are starting to be put on sale. Long-term investors who have kept some powder dry might be ready to make some outstanding buys. The UBS Quality Growth at a Reasonable Price (Q-GARP) stocks are the perfect place to look. The list is constructed using an initial quantitative screen of stocks based on: 1) quality metrics — high and stable profitability, 2) growth — high expected earnings growth, and 3) valuation — low valuation relative to peers. The final list is a compilation of quality growth stocks that the UBS analysts believe are trading at attractive valuations.

Given that expectations for rate hikes are starting to get pushed out further next year, and some are even saying the Fed may not raise rates until early 2016, we screened the updated UBS list for the highest yielding dividend-paying growth stocks.

Boeing Co. (NYSE: BA) is still a top name this year on Wall Street, and forward valuation may be the main call at UBS for membership not only in the Q-GARP list, but also on the high conviction list. While the company is forging ahead with the new 737 Max and 767 models, continued problems with the 787 Dreamliners are still plaguing the aerospace giant, but at least they look closer to a more complete resolution.

Boeing investors are paid a 2.42% dividend. The UBS price target for the aerospace giant is $132. The Thomson/First Call consensus is at $153.27. The stock closed Monday at $120.45.

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Coca-Cola Co. (NYSE: KO) is one of the most recognizable brands in the world, and the biggest shareholder is Warren Buffett. The company raised its dividend by 9% recently, its 52nd annual dividend increase. While sales growth has been sluggish over the last year, UBS believes the company is taking the right strategic action to reinvigorate revenue growth. While investors have piled into the stock as a safety play, the valuation is still compelling.

Coca-Cola Investors are paid a solid 2.76% dividend. The UBS price target for the stock is $44. The consensus target is $45.69. Shares ended Monday at $44.07.

E.I. du Pont de Nemours and Co. (NYSE: DD), or DuPont, had outstanding earnings for the second quarter and is benefiting from the strong resurgence in manufacturing growth in the United States and abroad. DuPont is a stock that fits well into the diversified conglomerate category, in addition to its huge chemical business. The company has been a pressure lately from activist shareholders looking to split the company in two to enhance value. Some on Wall Street feel that may get a closer look next year.

Shareholders are paid a solid 2.86% dividend. The UBS price target is set at $71. The consensus price target is $72.13. DuPont closed Monday at $65.83.

Emerson Electric Co. (NYSE: EMR) is another top stock to buy that the UBS analysts feel will be a beneficiary of the expected upturn in capital spending in the second half of this year. The company boasts a solid balance sheet, with a tiny 0.5 debt-to-equity ratio. Plus the dividend is well covered and was recently increased.

Emerson investors receive a 2.7% dividend. The UBS target for the stock is $75. The consensus target is $78.89. Emerson closed Friday at $64.02.

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Qualcomm Inc. (NASDAQ: QCOM) is not only a top stock to buy at UBS, but many of the top firms we cover on Wall Street are very positive on the company. The company shipped 225 million mobile station modem chips and accumulated $6.81 billion in revenue during its most recent quarter. In addition to adding to the business with Apple for the iPhone 6, Qualcomm is making a huge move into bringing sophisticated LTE connectivity to the automobile industry. The company is looking to employ a peer-to-peer (or car-to-car) communication technology that runs on Wi-Fi and is said to warn of possible collisions much better than radar technology.

Qualcomm investors receive a solid 2.37% dividend. The UBS price target for this top-shelf tech stock is $86, and the consensus is placed at $84. Shares closed trading on Monday at $70.71.

Yum! Brands Inc. (NYSE: YUM) has a big winner in its Taco Bell restaurants. For 2013 and 2014, Taco Bell was Yum!’s shining star, and it may continue to hold that position next year, as the fast-food Mexican chain is again shaking up its menu with products aimed to reengage the 20- to 30-year-old demographic. While the company has experienced numerous issues in China, the country remains a huge channel for growth. As of June 2014, the company had a total of 6,387 restaurant units, or 15% of the total system restaurants in China. The majority of the restaurants were KFC. It had 4,653 units. It was followed by Pizza Hut with 1,349 units.

Investors are paid a 2.42% dividend. UBS has an $85 price target for the stock, while the consensus target is lower at $78.41. Shares closed trading on Monday at $67.62.

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With the market still dicey, and the chances for a steeper sell-off very possible, investors may want to scale in some capital to these top dividend-paying stocks now and see what the rest of October brings.

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