3 Best Dividend Stocks for Retirement
For many investors, dividends can be a reliable source of income in retirement. However, for those who depend on this income to make ends meet, it's important to make sure the dividend-paying companies in their portfolio are solid and reliable. Nobody wants to spend their retirement worrying about a company cutting or suspending their dividend. While nothing is guaranteed, here are three stocks that make solid choices for a portfolio during retirement.
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Realty Income Corporation (NYSE: O) refers to itself as "The Monthly Dividend Company," and it delivers on that promise, paying a dividend on the 15th of each month. In fact, Realty is now considered a Dividend Aristocrat (a company that has increased its dividend for at least 25 consecutive years) after bumping up its dividend for the 26th year in 2021. Realty also has a healthy dividend yield of 4%, easily surpassing the S&P 500's 1.3% yield.
Source Fool.com
