Dividend stocks can be a valuable income source for investors, especially those in retirement. Beyond providing income, companies with a history of increasing dividends tend to outperform the overall stock market.

With that in mind, here are three dividend stocks worth adding to your watch list. 

Lowe's (NYSE: LOW), a leading home improvement retailer, is a Dividend Aristocrat, having raised its dividend for at least 25 consecutive years, and has paid a dividend every quarter since becoming a publicly traded company in 1961. Its current quarterly dividend is $1.05 per share, which yields about 2%. 

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Source Fool.com