EMR - 3 Reliable Dividend Aristocrats to Help Supplement Income in Retirement
As investors transition from the asset accumulation phase of their lives to the asset distribution phase, capital preservation takes priority over growth. In addition to bonds and risk-free assets like Treasury notes or certificates of deposit, dividend stocks can be an excellent way to supplement income in retirement. However, not all dividend stocks are created equal, as some companies pay large dividends they can't afford or don't regularly increase their dividend distributions. That's what makes Dividend Aristocrats so unique.
This class of companies has paid and raised their dividends for at least 25 consecutive years, which adds a layer of trust to the investment thesis. What's more, Dividend Aristocrats tend to be industry-leading companies with diverse and global businesses. Target (NYSE: TGT) , Caterpillar (NYSE: CAT) , and Emerson Electric (NYSE: EMR) are three that stand out as top buys now. Here's why.
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3 Reliable Dividend Aristocrats to Help Supplement Income in Retirement