Dividends4Life: 3 Dividend Stocks to Bankroll Your Retirement

3 Dividend Stocks to Bankroll Your Retirement

Posted by D4L | Tuesday, February 18, 2020 | | 0 comments »

Well-chosen dividend stocks can provide you with a reliable and steadily growing source of income -- one that could help to fund your living expenses in retirement. The key is to find companies with strong competitive advantages and a commitment to growing their cash payouts to shareholders -- companies like the ones below...

By several measures, Verizon Communications (NYSE:VZ) has built the best wireless network in the U.S. It's an industry where scale matters, and the more than $125 billion that the telecom titan has invested in its network since 2000 places it in a powerful competitive position. ExxonMobil (NYSE:XOM) is another dividend stock that can help to fund your retirement. The oil and natural gas giant has increased its cash payout by an average annual rate of 6.2% over the last 37 years. Its shares currently yield a sizable 5.1%. Like ExxonMobil, investors have questioned Coca-Cola's (NYSE:KO) long-term viability in a world in which consumers are moving away from sugary drinks. But Coca-Cola is far more than a soda company, and many investors are underestimating its growth potential.

Source: Motley Fool

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