3 High-Yielding Dividend Stocks That Are No-Brainer Buys for Retirees and Risk-Averse Investors
These quality, low-volatility stocks yield between 2.4% and 3.1%, and have been raising their payouts for decades.
Overview
Dividend stocks can provide retirees with recurring cash flow that can help them accumulate income without having to deplete their nest eggs. What's important, however, is to also minimize risk and volatility, to ensure that retirees aren't putting their savings at risk for the sake of a high yield.
Three high-yielding stocks that can offer investors an excellent mix of safety and high dividends are ExxonMobil (NYSE:XOM), McDonald's (NYSE:MCD), and Abbott Laboratories (NYSE:ABT). For both retirees and risk-averse investors, they can be no-brainer buys for the long term. Here's why.
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Originally published at www.fool.com.