3 Dividend Stocks Perfect for Retirees
Those in retirement have likely struggled to find promising risk-rewards in the market today. A decade of ultra-low interest rates, plus a lot of technological disruption, have enabled growth stocks to shine. Meanwhile, reasonably priced dividend stocks have had it tougher. Those companies are usually the targets of said disruption, and the pressure to pay out high dividends can limit reinvestment in their businesses.
However, there are cases of high-dividend stocks out there that also have defensive business models and strong growth prospects. You may just have to look a little bit harder.
Today, Brookfield Infrastructure Corporation (NYSE: BIPC), Bank of America (NYSE: BAC), and Crown Castle International (NYSE: CCI) not only pay out solid dividends, but they also have defensible competitive positions, with a path to raise those dividends over time. Here's why each of these stocks are well worth a retiree's attention today.
Source Fool.com
