Improve Your Retirement Income with These 3 Top-Ranked Dividend Stocks

Dividend-paying stocks from low-risk, high-quality companies are a smart way to generate steady and reliable attractive income streams to replace current low risk, low yielding Treasury and bond options. 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...

Archer Daniels Midland (ADM) is currently shelling out a dividend of $0.36 per share, with a dividend yield of 4.7%. In terms of dividend growth, the company's current annualized dividend of $1.44 is up 4.48% from last year. Allegiant Travel (ALGT) is paying out a dividend of 0.7 per share at the moment, with a dividend yield of 4.07%. Taking a look at the company's dividend growth, its current annualized dividend of $2.8 is flat compared to last year. Currently paying a dividend of 0.26 per share, Arrow Financial (AROW) has a dividend yield of 4.2%. Looking at dividend growth, the company's current annualized dividend of $1.04 is up 3% from last year.

Source: Yahoo Finance

Related Articles:
- 5 Undervalued, Big-Name Stocks To Consider For Your Dividend Portfolio
- 4 High-Yield Energy Stocks Growing Their Dividends
- 5 Dividend Stocks In Need Of A Market Correction
- 8 Dividend Stocks Building A Growing Cash Stream