3 High-Yielding Dividend Stocks That Can Help Bankroll Your Retirement Years
If you're looking for some good dividend stocks to own in retirement, one thing you'll want to focus on is stability. Striking a balance between safety and dividend income can be key to ensuring you protect your savings while also making the most of them. And by investing in blue chip stocks with above-average yields, you can get the best of both worlds.
Three stocks that can provide you with some good diversification and dividend income are Abbott Laboratories (NYSE: ABT), Home Depot (NYSE: HD), and JPMorgan Chase (NYSE: JPM). Here's why they can be ideal options for retirees.
Abbott has an excellent track record on dividends. It's a Dividend King, which means it has increased its dividend payments annually for 50-plus years. And with the stock already paying investors an above-average yield of 2.2% (the S 500 average is 1.3%), there's room for retirees to generate some solid dividend income in the long term.
Source Fool.com
Abbott Laboratories Stock
With 19 Buy predictions and not the single Sell prediction the community is currently very high on Abbott Laboratories.
As a result the target price of 116 € shows a slightly positive potential of 18.73% compared to the current price of 97.7 € for Abbott Laboratories.
