3 High-Yielding Dividend Stocks That Retirees Can Rely On for Recurring Income

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3 High-Yielding Dividend Stocks That Retirees Can Rely On for Recurring Income

^{Published on 2024-12-19 10:21:08 - The Motley Fool}

If you're a retiree and want some dependable income, high-yielding dividend stocks can help make the most of your money. While the average stock on the S&P 500 might pay just an a

The article from The Motley Fool, published on December 19, 2024, discusses three high-yielding dividend stocks that are particularly suitable for retirees looking for stable income. Verizon Communications offers a high dividend yield of around 7.1%, supported by its strong cash flow and a history of increasing dividends, making it a reliable choice for income-focused investors. Realty Income Corporation, known as "The Monthly Dividend Company," provides a yield of approximately 5.5% with its monthly dividend payments, appealing to those needing regular income. Lastly, Pfizer is highlighted for its 6.2% yield, bolstered by its robust portfolio of pharmaceuticals and a commitment to maintaining and growing its dividends, despite the challenges in the pharmaceutical industry. These stocks are recommended for their consistent dividends, financial stability, and potential for long-term income generation, which are crucial for retirees.

Read the Full The Motley Fool Article at:
[ https://www.fool.com/investing/2024/12/19/3-high-yielding-dividend-stocks-that-retirees-can/ ]

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3 High-Yielding Dividend Stocks That Retirees Can Rely On for Recurring Income