Vanguard. As you probably know, Vanguard is well known for pioneering the field of index funds, and consistently offers their funds at fees which compare very favorably to the vast majority of their competition.
Why should you care? Simple math. If two funds earn identical returns on investing, the one with the lower fee structure will return more to its owners.
Vanguard High Dividend Yield Index Fund Investor Shares (VHDYX) is one of the first funds a dividend oriented investor will want to take a look at. It currently has a yield of just over 3%, and holds many stocks that the average US investor might be comfortable holding.
As of 12/31/2012, some of its largest holdings included Exxon Mobil, Microsoft, GE, Chevron, Johnson & Johnson, AT&T, Procter & Gamble, Pfizer, and Wal-Mart Stores.
I know most of those names make me comfortable. It's true that companies as large as these are unlike to experience high growth, and Vanguard readily acknowledges this. ". . . the fund’s emphasis on slower-growing, higher-yielding companies can also mean that its total return may not be as strong in a significant bull market."
If you're looking for a solid high dividend fund from a firm with a great reputation in the industry, this might be a great choice.