3 Dividend Stocks Ideal for Retirees
Dividend stocks can be terrific sources of income for investors. Particularly for retirees, their regular payouts can be used to help cover living expenses, reducing the need to sell assets and helping to make their nest eggs last longer.
But not every dividend stock is a good investment. When weighing a purchase, it's important to consider the strength of the underlying business and how likely it is that it will continue making regular payments at its current level or better. Plus, if income is your focus, the yield itself needs to be attractive enough to make the investment worthwhile.
At current share prices, Medical Properties Trust (NYSE: MPW), Duke Energy (NYSE: DUK), and Telus (NYSE: TU) all yield 4% or better, and all could be great options for retirees to buy today.
Source Fool.com
