6 Dividend Stocks That Are Good for Retirees

We offer a mix of high-yielders and companies with strong dividend-growth prospects.

(Image credit: © Shikhar Bhattarai. All rights reserved.)

Wall street is in love with dividend stocks—maybe too much so. The stocks have climbed so much lately that many are starting to look pricey. That means that retirees, in particular, need to be careful about which dividend payers they’re buying if they are trying to both protect and grow their nest egg.

We went hunting for dividend stocks that meet two conditions important to many retirees: first, little risk that the dividend could be cut, and second, reasonable expectations for long-term dividend growth as well as share-price gains.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

Tom Petruno
Contributing Writer, Kiplinger's Personal Finance
Petruno, a former financial columnist for the Los Angeles Times, is an independent investor, writer and consultant. He lives in L.A.