What are the best dividend stocks for retirement?
Well "best" is subjective, but IMO the starting point are the companies that have a demonstrated history of paying reliable and increasing dividends over an extended period of time.
There's a spreadsheet of them at one of the links in the board header:
dripinvesting.org
And in Chapter 4 of Miller's DGI book (Single Best Investment), link to a free PDF also in the board header, are some criteria for selection, that include financial strength, current yield, dividend growth rate, payout ratio, etc.
Personally I filter by industry, meaning I generally want to own health care, consumer staples, energy, regulated utilities. There are some middle ground areas, maybe some kinds of retail, industrials, finance, but I absolutely want to avoid deep cyclicals, casinos, cruise lines, autos, shipping, etc. Also no BDC's, mreits, fad stocks (pot, unicorn IPO's, virus cures...)
Here's what I owned almost a year ago:
Message 32152031
(I no longer own VIAB, SJM, IBM and CLX.) |
