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

A rule of thumb for finding solid income-producing stocks is to seek those that average 3% dividend yield, and positive yearly dividend growth. These stocks can help combat inflation by boosting dividends over time. Here are three dividend-paying stocks retirees should consider for their nest egg portfolio.

NRG Energy (NRG) is currently shelling out a dividend of $0.3 per share, with a dividend yield of 3.82%. In terms of dividend growth, the company's current annualized dividend of $1.2 is up 900% from last year. Corporate Office Properties (OFC) is paying out a dividend of 0.28 per share at the moment, with a dividend yield of 4.44%. Taking a look at the company's dividend growth, its current annualized dividend of $1.1 is flat compared to last year. Currently paying a dividend of 0.49 per share, PSEG (PEG) has a dividend yield of 3.44%. The company's current annualized dividend of $1.96 is up 4.26% from last year.

Source: NASDAQ

Related Articles:

- Why Dividends Matter

- 5 Stocks Currently Trading Below their Fair Value
- The Perfect Dividend Stock

- Early Warning Signs of a Dividend Cut

- The Best Dividend Stocks In The World