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
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
REITs don’t just pay out attractive yields; many of these companies are terrific operators too. So not only do investors get to collect a so...
-
The company reported solid results for its fourth fiscal quarter. The business development company once again covered its dividend payout wi...
-
It’s in volatility like this that the value of dividends truly shines through. The market could be having a massive sell-off, but when a com...
-
If you are interested in high-yield dividend stocks, it’s better to focus on a company’s history of growing its dividend rather than just lo...
-
When the average S&P 500 company pays less than two percent, a 6.5%-yielding stock certainly deserves income investors’ attention. A Top...
-
While conventional wisdom holds that you reach for yield, my strategy has been to look first for capital gains, then to management teams tha...
-
I screened for cheap dividend stocks that are showing some upward movement, trading above their 50-day moving average, with a 3% or higher d...
-
There are hundreds of high-yield dividend stocks on the market. At least, that's the case if your definition of high dividend yield isn&...
-
Buying and holding high-quality dividend stocks is arguably the best way for investors to predictably achieve outsized returns over the long...
-
If you are a longtime yield seeker, you’ve probably noticed one thing: most of the double-digit yielders also happen to be beaten-down stock...
0 comments
Post a Comment
Post a Comment