Dividend stocks are among the most bankable investment options for retirees to supplement their income and grow their nest eggs. However, not all dividend stocks belong in a retiree's portfolio. I'd look for companies that can offer stable, preferably even growing dividends year after year that are backed by strong underlying growth potential in earnings and cash flow.
These two popular dividend stocks, and one you've probably never heard of, should fit a retiree's portfolio. Our Motley Fool contributors believe ShotSpotter (NASDAQ:SSTI), Dominion Energy (NYSE:D), and Johnson & Johnson (NYSE:JNJ) are three such dividend stocks ideal for retirees.
Source: Motley Fool
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