Why McCormick & Co. Is a Retiree's Dream Stock

McCormick & Co. (NYSE: MKC) is the real deal for retired investors -- steady, consistent growth and a nice dividend that's safe enough that you don't have to worry about it.

McCormick's products are likely in your pantry -- the company makes and sells spices, seasonings, condiments, and other products. It posted more than $5.3 billion in annual sales last year.

Three years ago, the company bought the food division of the Reckitt Benckiser Group, including such brands as Frank's RedHot sauce and French's Mustard, for $4.2 billion. That deal is beginning to pay off.

Source Fool.com