Here's My Favorite Dividend Stock to Buy Right Now

I'm not at the point in my life where I rely on dividends to generate income. However, quite a few stocks in my portfolio pay attractive dividends. 

The older I get, the more appealing dividend stocks are. I see the opportunity for dividends to provide a key source of income as I transition into retirement in the future. 

But dividend stocks aren't just for retirees. Even younger investors can reinvest dividends to obtain market-beating returns -- with the right stocks. There are plenty of alternatives that provide great dividends and strong growth potential. Here's my favorite dividend stock to buy right now.

Continue reading

Source Fool.com