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3 Dividend Stocks Perfect for Retirees

TheMotleyFool

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Dividend stocks can be a great way for a retiree to supplement their income. However, not just any dividend payer will do. The payout needs to be sustainable through the market's inevitable downswings. Meanwhile, an ideal dividend would consistently rise over time since that would provide a retiree with a steadily increasing cash flow stream to help offset expense growth.

Three such dividend stocks that perfectly match these criteria are Canadian pipeline giant TC Energy (NYSE: TRP), residential REIT Equity Residential (NYSE: EQR), and renewable energy producer Brookfield Renewable (NYSE: BEP).