4 of the Safest Dividend Stocks Retirees Can Confidently Buy Right Now
It's a trying time to be an investor. Through the first six months of 2022, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite, have respectively plunged by 15%, 21%, and 30%. It's the worst start to the first half of a year for the S&P 500 since 1970.
While big declines in the stock market are known for testing investors' resolve, they can be especially worrisome for retirees looking to generate income from equities. Though yield is important for seniors, preserving and/or steadily growing their initial investment is also essential.
The good news is that there are rock-solid, time-tested dividend stocks that offer a long track record of delivering for their shareholders. Here are four of the safest dividend stocks retirees can confidently buy right now.
Source Fool.com
