Dividend stocks make for a great investment choice if you're looking to boost your income in retirement. But the key lies in selecting strong dividend-paying companies with solid growth avenues and financials to ensure they can sustain dividends during difficult times and offer a nice raise when things are smooth. Finding such a company, however, isn't an easy job. Keeping that in mind, we asked our contributors to suggest dividend stock ideas that are perfect for retirees to own. Here are six names to consider...
Phillips 66 (NYSE:PSX) is a rare business which can potentially provide three things especially important to retirees: Capital preservation; income; opportunity for long-term growth. American Water Works (NYSE:AWR), the largest investor-owned water and waste water utility in the United States, would make a great addition to many retirees' portfolios. It spouts, to varying degrees, the trio of qualities Jason mentioned that are important to many retirees: capital preservation, potential for long-term growth, and income. I recommend Enterprise Products Partners (NYSE:EPD) in a taxable account since it's an MLP and thus comes with certain tax benefits. ADT (NYSE:ADT) has a simple, yet profitable business model that makes it a great company to own. Caterpillar (NYSE:CAT) is currently at a down-point in its business cycle, but it's setting the stage for a potential rebound in the future. Dow Chemical (NYSE:DOW) deserves your attention if you're looking to boost your portfolio income.
Source: Motley Fool
Related Articles:
- 5 Dividend Stocks To Beat The Wall Street Giants
- A Disciplined Approach To Dividend Growth Stocks
- 5 Low Beta, Higher Yielding Dividend Stocks For The Next Downturn
- 7 High-Yield REITs With Growing Dividends
- 26 Income Securities For A Well-Rounded Asset Allocation
6 Dividend Stocks Every Retiree Should Consider Owning
Posted by D4L | Thursday, December 24, 2015 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
When a company pays a dividend, it's a good thing for shareholders. When a company consistently pays a dividend every quarter, it's ...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
We screened our 24/7 Wall St. dividend equity research database and found 5 stocks that combined can generate over $3,000 of annual passive ...
-
The stock market has been on an upward path of late, with some of the most prominent stocks hitting astronomical highs. The dividend yield o...
-
My top financial goal is to eventually become financially independent. The foundation of my strategy is to make investments that produce an ...
-
Dividend growth stocks can be incredibly attractive investments if you crave recurring income. As these types of stocks raise their dividend...
-
In my opinion, there are three criteria investors should consider when evaluating a particular stock for their portfolio. The first is histo...
-
In this article, we discuss 5 best March dividend stocks to buy. If you want to read our detailed analysis of dividend capture strategy and ...
-
Double your money in a short time. Few investors would walk away from such an opportunity. Of course, there's no guarantee that any inve...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.