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Warren Buffett's 7 Best Dividend Stocks for Retirement | InvestorPlace

Age and circumstance matter when it comes to building an ideal portfolio. Whereas youngsters have both the time and the wages to make up for losses in the stock market, retirees need income and stability more than flash. Thus, an ideal stock portfolio for a retiree would be a diversified mix of strong companies that pay generous dividends.

Stocks are listed in alphabetical order. Prices and related data are as of July By Kathy Kristof , Contributing Editor July The company, which is now better known for making phones and music than computers, is simply too huge.

The dividend yield is modest, but Apple has already hiked the payout twice since it began sharing the wealth two years ago. Expect more of the same.

You may curse Chevron CVX when you fill your gasoline tank. But shareholders can take some solace in knowing that this energy giant has a long history of sharing the wealth. Although earnings growth is nothing to write home about—profits are actually expected to fall this year—Chevron has more than enough cash to support its dividend and buy back shares.

The company makes Minute Maid, Powerade, Dasani, Sprite and, of course, Coca-Cola, and it sells those and other non-alcoholic beverages in some countries. Coke is too large and well established to generate huge earnings gains, but it delivers consistent dividend payments that rise like champagne bubbles.

Dublin, Ireland Share price: After snapping up electric equipment maker Cooper Industries in , Eaton ETN morphed into an Irish company with a broad reach, managing and manufacturing power systems worldwide.

Las Vegas Share price: Casinos run by Indian tribes have been nipping away at the U. Asia, where gambling is a growth industry.

Sales of the F fighter jet helped propel Lockheed Martin LMT shares to near week highs. Lockheed is among the top beneficiaries of tightened rules that force the Defense Department to pay up. Better yet, the U.

But Morningstar analyst Damien Conover thinks investors are overlooking Sanofi SNY. The maker of prescription drugs and ubiquitous over-the-counter medications such as Rolaids and Allegra has treatments for diabetes and a vaccine for dengue fever in its pipeline of potential new products.

Though earnings growth will be tepid in , analysts expect solid gains next year. A massive data breach announced during the last holiday shopping season left aisles at Target TGT bereft of shoppers, forcing the retailer to cut prices to move merchandise. Add a poorly executed expansion into Canada and the result was miserable earnings in the fiscal year that ended last February.

5 Best Dividend Stocks for Retirement Income

San Francisco Share price: Widely considered the best-managed of the big banks, Wells Fargo WFC weathered the financial crisis and the sluggish economy that followed better than most. Even during the depths of the financial crisis, when the industry was bleeding red ink, Wells Fargo remained profitable. Its capital position also stayed strong enough to continue paying dividends—a rare feat.

Morford thinks the company will grow by deepening existing customer relationships, allowing it to sell more products and services to the customers with whom it already does business. Whirlpool WHR products—including washers, dryers, refrigerators, freezers and dishwashers under a variety of brand names, such as KitchenAid, Jenn-Air, Maytag and Amana—are in kitchens and laundry rooms around the world.

A costly restructuring and the loss of some tax credits depressed earnings during the first quarter of But excluding those costs, core earnings are strong, partly due to a revival in the U. View as One Page. Toggle navigation Menu Subscribers Log In. Sections Close Menu Wealth Creation Investing Retirement Taxes Your Money Your Business Magazine Contents. See All Marketplace Special Reports Tools Slide Shows Quizzes Videos Columns Basics of Personal Finance Economic Outlooks.

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Dividend Earner - Dividend Growth Investing used to Retire With Dividend Income!

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