Dividends4Life: 5 Dividend Stocks Starting a Multi-Decade Bull Market

5 Dividend Stocks Starting a Multi-Decade Bull Market

Posted by D4L | Saturday, April 30, 2016 | 0 comments »

There are 77 million Baby Boomers that make up 28% of the U.S. population. Any companies that make products they buy are usually doing great. This massive generation made baby products makers rich in the 1950s, and homebuilders rich in the 1990s and 2000s.

Now, they’re transitioning their spending again. There are 10,000 boomers hitting retirement age every day. Over the past two years, more than 3 million each year have turned 65.

This wave of new retirees will continue to grow every day, every year, for the next couple of decades (at least). What do 65+ folks spend money on? Medical care and living arrangements, for starters. Let’s talk about five (actually six) companies poised to rake in big business in these markets from boomer spending: Gilead Sciences, Inc. (GILD), CVS Health Corp (CVS), Sun Communities Inc. (SUI) and Service Corporation International (SCI).

Source: InvestorPlace

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