2024-02-15 06:15:00 ET
Summary
- January CPI came in hotter than expected, keeping the rising cost of living front of mind for many retirees.
- Fortunately, there are still some high-yielding stocks that offer inflation-beating dividend growth.
- We share some of them in this article.
The January CPI report sent shockwaves through the market - particularly among dividend stocks ( SCHD ) - after it came in hotter than expected . Headline CPI rose 0.3% month-over-month, above 0.2% consensus estimates. Year-over-year, it rose 3.1%. Meanwhile, the Core CPI metric - which excludes food and energy prices - rose 0.4% in January and 3.9% year-over-year, well above the consensus expectations of 3.7%....
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9%+ Yields Growing Faster Than Inflation For Retirement Passive Income