Dividends4Life: Retired? 3 Dividend Stocks You Should Consider Buying

Investors that are retired often gravitate toward high-quality companies with solid dividend payments. Dividends reflect the underlying strength of a business, and they also provide recurrent income from your portfolio. Three companies that bear this out are Wal-Mart (NYSE:WMT), Colgate-Palmolive (NYSE:CL), and McDonald's (NYSE:MCD).

Discount retail is a tough business, especially since the online retail revolution began changing the rules of the game. But Wal-Mart is the strongest player in the industry and has proven its mettle through good times and bad. Colgate-Palmolive is the undisputed leader in the global oral care market. Its management says that the company owns a 45% market share in toothpaste and 34.5% in toothbrushes around the world. McDonald's owns over 36,000 stores serving nearly 69 million customers in 100 countries.

Source: Motley Fool

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