3 Dividend Stocks to Bankroll Your Retirement
Beginner investors often see the stock market as a glamorous way to make a lot of money. But seasoned investors know that dividend stocks can be very valuable, even if they're value stocks that are past their high-growth stages.
Dividend stocks are particularly useful for retirees, because they provide income. Dividends stocks can bankroll your retirement if you've saved up a nest egg, have an emergency fund, and have paid off all your debts. For example, if you invest $100,000 in a stock with a 3% dividend yield, you'll get $3,000 annually. That's a lot better than most savings accounts.
Realty Income (NYSE: O), PepsiCo (NASDAQ: PEP), and Kimberly-Clark (NYSE: KMB) are all excellent companies whose dividends yield more than 3%, and you can be confident in their future ability to pay out.
Source Fool.com
