Good income stocks should be part of any portfolio but particularly those of retirees who can use those quarterly dividend payouts to supplement their Social Security checks. Ideally, you want stocks that will pay you good income now, via dividends, while generating solid long-term returns as well. The more income you generate to supplement Social Security, the less likely you are to avoid draining your retirement accounts and long-term investments.
Two of the best dividend stocks out there are International business Machines (NYSE: IBM) and T. Rowe Price Group (NASDAQ: TROW) . Both are Dividend Aristocrats , meaning they have increased their dividends annually for at least 25 years, and both have above-average yields.
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2 Dividend Stocks to Supplement Your Social Security