Tags: Kiplinger | Dividend | Stocks | Retirement

Kiplinger: 10 Dividend Stocks to Own in Retirement

By    |   Sunday, 20 July 2014 08:52 PM

Near-record-low interest rates are putting a damper on the income hopes of retirees. But there's hope.

They can purchase blue-chip dividend stocks that offer yields often surpassing those of 10-year Treasurys. While these stocks aren't as safe as Treasurys, they're very low on the equity risk scale. And there's potential for capital appreciation.

Editor’s Note: Retire 10 Years Earlier With These 4 Stocks

Kiplinger
recommends 10 such stocks for retirees.

1. Apple (Ticker: AAPL). Dividend yield: 2 percent. Friday's closing share price: $94.43.

2. Chevron (CVX). Dividend yield: 3.3 percent. Share price: $130.39.

3. Coca-Cola (KO). Dividend yield: 2.9 percent. Share price: $42.43

4. Eaton (ETN). Dividend yield: 2.5 percent. Share price: $78.57.

5. Las Vegas Sands (LVS). Dividend yield: 2.7 percent. Share price: $72.84.

6. Lockheed Martin (LMT). Dividend yield: 3.3 percent. Share price: $162.49.

7. Sanofi (SNY). Dividend yield: 3.7 percent. Share price: $51.56.

8. Target (TGT). Dividend yield: 2.9 percent. Share price: $60.01.

9. Wells Fargo (WFC). Dividend yield: 2.7 percent. Share price: $51.28.

10. Whirlpool (WHR). Dividend yield: 2.1 percent. Share price: $139.50.
(Dividend yields are current as of Friday morning.)

Retirees aren't the only investors opting for dividend stocks.

"The search for yield hasn't abated," Mark Freeman, chief investment officer at Westwood Holdings Group, told The Wall Street Journal. "When you see things like utilities and REITs [real estate investment trusts] leading the market, I think that speaks to the impact of it."

Editor’s Note: Retire 10 Years Earlier With These 4 Stocks

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Near-record-low interest rates are putting a damper on the income hopes of retirees. But there's hope.
Kiplinger, Dividend, Stocks, Retirement
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2014-52-20
Sunday, 20 July 2014 08:52 PM
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