As new retirees begin to navigate their financial future, dividend-growth stocks can offer a reliable source of income. Two great options for retirees looking to supplement their retirement savings are Johnson & Johnson (JNJ) and Coca-Cola (KO).
Johnson & Johnson is a well-established company with a strong track record of dividend growth. They have increased their dividend for 59 consecutive years, making them a reliable choice for retirees seeking stability. In addition to their consistent dividend payments, Johnson & Johnson is a leader in the healthcare industry, providing products and services that are in high demand.
Coca-Cola is another solid choice for retirees looking to invest in dividend-growth stocks. The company has a long history of paying dividends and has increased their dividend for 59 consecutive years. As a well-known brand with a global presence, Coca-Cola has a strong competitive advantage in the beverage industry.
Both Johnson & Johnson and Coca-Cola offer retirees the opportunity to earn a steady income through dividends, making them ideal investments for those in their retirement years. By investing in these dividend-growth stocks, retirees can build a diversified portfolio that provides both income and potential for growth.