Retiring changes a lot of things, including the way you invest. You switch from building a nest egg to living off of the egg you've amassed. One of the best ways to do that is with reliable dividend stocks like W.P. Carey (NYSE: WPC) , 3M (NYSE: MMM) , and The Southern Company (NYSE: SO) . Here's a primer on each.
Real estate investment trust (REIT) W.P. Carey has so far sailed through the global pandemic without missing a beat. Its occupancy numbers have remained close to 100%, and even at the worst of the hit it was able to collect 96% of the rent it was owed. Rent collection is up to 99% at this point. In fact, it has even managed to increase its dividend each quarter so far this year, albeit by a token amount. But the key takeaway is that those hikes made a statement about the strength of this REIT's business.
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For further details see:
3 Top Dividend Stocks for a Better Retirement