These 3 Dividend ETFs Are a Retiree's Best Friend

Everyone should consider holding dividend stocks in their retirement portfolio, and exchange-traded funds (ETFs) offer one of the most efficient vehicles for those holdings. There are numerous ETFs that produce strong dividend income, so retirees have some options.

The three funds below each offer a slightly different spin on income investment and are suitable for different investor preferences and goals. Let's take a closer look at each one and why you might want to own it.

The Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) is a popular and efficient vehicle for investors seeking straightforward exposure to stocks with high yields. The fund aims to track the Dow Jones U.S. Dividend 100 index.

Source Fool.com