3 Dividend Stocks Ideal for Retirees
Dividend stocks are a great option for a retirement account since you're earning income simply for holding shares. But not just any dividend-paying stock will do. The coronavirus pandemic caused many companies to cut or cancel dividends. It's more important than ever to select stocks with a secure payout.
To do that, you need to find companies with the staying power to survive tough economic times while possessing the capacity to continue paying dividends. While other businesses saw substantial revenue declines from the current economic slowdown, there were at least three that delivered revenue and dividend increases in these tough economic times.
That's just the start of why these three companies are worthy stocks for inclusion in your retirement portfolio.
Source Fool.com
