In addition to drawing down on your savings accounts, one way to meet your need for a steady flow of income after you stop working full time is to invest in dividend stocks. By owning equities that pay healthy dividends, you can guarantee that there'll be additional cash flow every month or quarter to supplement your Social Security payments. Here are three of my favorites.
Waste Management (NYSE: WM) administers the largest trash collection and disposal business in the country, and is also the largest collector of recyclables. If you're looking for nice, juicy dividends, AbbVie (NYSE: ABBV) is worth a gander. My final choice is not a stock, but rather, a basket of stocks in the form of an exchange-traded fund. The Pro Shares S&P 500 Dividend Aristocrats ETF (NYSEMKT: NOBL) holds all 66 of those elite S&P 500 companies that have increased their dividends annually for 25 consecutive years.
Source: StarHerald.com
Related Articles:
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
At times like this, it is tempting to jump on a bandwagon and buy up the growth stocks, aiming to capitalize on the broader trends. But is t...
-
In today’s near-zero interest rate environment, it’s been tough for investors looking for yield. There are many high-yielding dividend stock...
-
There are some dividend aristocrats which have not only maintained but increased their dividends for over half a century. Having survived ev...
-
The research analysts at Wells Fargo have been searching the markets for the ‘right’ buys, and their picks bear a closer look. They’ve been ...
-
Three high dividend stocks to buy now feature a business development company (BDC), a national real estate investment trust (REIT) and the o...
-
This past year has been the ultimate stress test for dividend stocks. Some companies failed miserably as they either slashed or suspended th...
-
The dividend-paying cleaning stocks to buy now amid the COVID-19 pandemic should benefit from heightened sanitary expectations by consumers ...
-
Dividend stocks are a great choice for investors looking for a regular income stream. The best dividend stocks offer a growing payout in add...
-
Rather than subject themselves to this risk, savvy investors can stabilize their portfolios by taking positions in reliable dividend growth ...
-
When a retiree decides to buy stock, they often start by looking at companies that pay the highest dividends. Unfortunately, those payouts a...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.