Dividends4Life: Dividend stocks a tool for retirees

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Dividend stocks a tool for retirees

Posted by D4L | Saturday, September 11, 2010 | | 0 comments »

There's new hope for retirees looking for a solid return on their money. It's certainly been a challenge to find in this economy. Retirees and others looking for more income without undue risk may want to take a fresh look at an old standby: dividend stocks.

Dividends are regaining their strength after falling from favor when companies cut them during the recession. More than a third of companies in the Standard & Poor's 500 have increased quarterly payouts this year and just three have cut them - a return to pre-meltdown levels and a vote of confidence in the future.

Source: San Gabriel Tribune

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