3 Conservative Income Stocks for Retirees
Retirees who purchase stocks for investment income often have to settle for low yielding stocks. The S&P 500 Index yields just 1.3% right now, on average.
However, there are plenty of high dividend stocks that have strong current yields above 4%, and also have secure dividend payouts that can grow over time.
The following 3 dividend stocks have high dividend yields and safe payouts, which makes them attractive for retirement income.