3 Dividend Stocks Perfect for Retirees
This year has taken investors on a wild ride. At one point in March, the S&P 500 was down as much as 35% from its peak, but it's since rallied 48% from that low to at least move back into the black for the year. While the COVID-19 pandemic has proven problematic for some companies, it's proven beneficial to others. Traders continue to make bets on how long the fallout from the pandemic will last.
For a certain segment of investors, however, nothing's really changed. Retirees who relied on dividend stocks to deliver income before the coronavirus pandemic are still relying on the payouts from those dividend names. And the good news is, lots of these names are still just as well suited for retirees as they were at the end of last year.
Let's take a closer look at three dividend stocks that retirees should appreciate.
Source Fool.com
