CAT - 3 Best Dividend Stocks for Retirement
2023-06-14 08:15:00 ET
In retirement, dividend-paying stocks offer a level of stability and security that growth stocks do not. That's because companies that consistently pay and raise their dividends typically have established track records, solid financial health, and a commitment to returning capital to shareholders.
Considering these factors, here are three dividend-paying stocks that can reward you during your retirement.
Caterpillar (NYSE: CAT) , the world's largest construction equipment manufacturer, has paid a cash dividend every year since the company went public in 1925. And it has raised its dividend annually for 29 consecutive years. Its current quarterly dividend is $1.20 per share, equating to an annual yield of 2.12%.
For further details see:
3 Best Dividend Stocks for Retirement