4 Dividend Stocks That Are Perfect for Retirement
When you're shopping for a dividend stock for your retirement portfolio, it pays to choose wisely. If you search for companies that issue the largest dividends on the basis of yield alone, you'll likely end up with a handful of highly unstable stocks that might not maintain those dividends when economic conditions change. On the other hand, if you look for stocks that have an ironclad history of issuing larger and larger dividends with each passing year over the course of decades, you'll find more winners than you know what to do with.
Each of the stocks I'll discuss today is notable for three reasons. First, all three have increased their dividend each year for at least the past 25 years. Second, they're some of the largest and most established companies out there, with market caps in excess of $90 billion. Finally, these companies are responsible for making timeless products that tend to experience steady demand, so they're protected from some of the turbulence in the economy. In short, they're great dividend picks for your portfolio whether you're saving for retirement or not.
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Source Fool.com
