3 Stocks to Help You Build Retirement Wealth

Each investor is unique, but the big goal for most is financial security. You can build your wealth toward that goal along many paths, but one of the keys to a safe retirement is income. And that means dividends, which can be compounded via dividend reinvestment prior to ending your work years and used to fund daily expenses after. On the dividend front, Realty Income (NYSE: O), Chevron (NYSE: CVX), and Hormel (NYSE: HRL) are three companies you should be looking at right now.

Real estate investment trust (REIT) Realty Income owns a massive portfolio of net lease properties. That means that its tenants are responsible for most of the costs of the assets they occupy. Around 85% of its rent comes from single-tenant retail properties, with the rest split between industrial and office assets. The REIT offers a roughly 4.1% yield at Thursday's prices, more than triple the 1.3% yield of the S&P 500 Index. And the dividend has been increased for more than 25 consecutive years, making Realty Income a Dividend Aristocrat.

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Source Fool.com