For retirees looking to focus on dividend growth, here are three stocks worth considering.
1. Johnson & Johnson (JNJ): With a long track record of increasing dividends annually for over 50 years, Johnson & Johnson is a solid choice for retirees seeking reliable income. The company’s diverse portfolio of healthcare products and strong financials make it a dependable investment option.
2. Coca-Cola (KO): Coca-Cola is another company with a history of consistently growing dividends. As a well-known brand with a global presence, Coca-Cola’s stable cash flow allows it to continue rewarding shareholders with increasing dividends.
3. Procter & Gamble (PG): Procter & Gamble is a consumer goods giant that has been paying dividends for over a century. The company’s strong brands and steady growth make it a reliable choice for retirees looking for consistent income.
By focusing on dividend growth stocks like Johnson & Johnson, Coca-Cola, and Procter & Gamble, retirees can build a stable source of income for their retirement years.