3 Dividend Stocks Perfect for Retirement
After retirement, most investors' priorities shift. Instead of pursing growth, the focus becomes income and capital preservation. That said, there's no reason to get out of stocks completely. There are plenty of stocks that can deliver the income and safety that retired investors need, while still providing upside potential over the long run. With that in mind, here's why our investors think retirees should take a closer look at Realty Income (NYSE: O), Safety Insurance Group (NASDAQ: SAFT), and Iron Mountain (NYSE: IRM).
Matt Frankel (Realty Income): Net-lease real estate investment trust Realty Income is one of the most reliable dividend stocks in the market. The company yields 4.7% based on its current share price, and has increased its monthly dividend rate 93 times since listing on the NYSE in 1994.
Image source: Getty Images.
Source: Fool.com
Iron Mountain Stock
With 7 Buy predictions and not the single Sell prediction the community is currently very high on Iron Mountain.
However, we have a potential of -0.85% for Iron Mountain as the target price of 105 € is below the current price of 105.9 €.
