One way to identify suitable candidates is to look for stocks with an average dividend yield of 3%, and positive average annual dividend growth. Many stocks increase dividends over time, helping to offset the effects of inflation. Here are three dividend-paying stocks retirees should consider for their nest egg portfolio...
Darden Restaurants (DRI) is currently shelling out a dividend of $0.88 per share, with a dividend yield of 3%. Legg Mason (LM) is paying out a dividend of 0.4 per share at the moment, with a dividend yield of 4.4% compared to the Financial - Investment Management industry's yield of 2.33% and the S&P 500's yield. Currently paying a dividend of 7.59 per share, NetEase (NTES) has a dividend yield of 5.33%.
Source: Yahoo Finance
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Improve Your Retirement Income with These 3 Top-Ranked Dividend Stocks
Posted by D4L | Monday, December 30, 2019 | ArticleLinks | 0 comments »________________________________________________________________
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