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3 Dividend Stocks Perfect for Retirees

TheMotleyFool

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Dividend stocks can be a great way for retirees to generate passive income to supplement other sources like Social Security and pensions. The best ones are those that consistently increase their payouts, which helps a retiree cover their rising expenses.

Three stocks that appear poised to pay a steadily growing dividend are retail REIT Agree Realty (NYSE: ADC), clean power producer Clearway Energy (NYSE: CWEN)(NYSE: CWEN.A), and utility Xcel Energy (NASDAQ: XEL). That makes them perfect options for retirees.