3 Dividend Stocks Perfect for Retirees
Retirees have a bit of a conundrum when looking for investments today. Retirement is a time when your portfolio should skew toward bonds that pay out coupons or low-risk equity investments that pay dividends. Unfortunately, today's remarkably low interest rates have lowered the yield on most safer bonds to almost nothing and has greatly increased the price of many safe dividend stocks. And if you see a stock with a high dividend yield, there's a good chance the payout is in danger and that the stock is far too risky for those in their senior years.
However, for the careful stock picker, there are still attractive dividend growth opportunities out there. Perhaps the best option for retirees today is to look for stocks with a good, if not spectacular, current payout, but with a rock-solid business, favorable growth prospects, and a history of growing that payout over time.
Here are three such options to buy today.
Source Fool.com
