Ten Dividend Stocks Beating Inflation

One of the biggest threats behind income investors who are living off dividends in retirement is inflation. Even a portfolio consisting of the highest yielding stocks today, which maintain their distributions, would produce an income which loses purchasing power over time. As a result investors should focus on companies which can afford to regularly raise distributions every year. A good starting point includes companies which have consistently raised dividends for a long period of time. I have highlighted several stocks, which not only have raised distributions for over five years in a row, but also announced dividend increases over the past week: Archer Daniels Midland Company (ADM) procures, transports, stores, processes, and merchandises agricultural commodities and products in the United States and internationally. It operates in three segments: Oilseeds Processing, Corn Processing, and Agricultural Services. The company raised its quarterly dividend by 6.70% to 16 cents/share. This marked the thirty-sixth consecutive annual dividend increase for this dividend aristocrat. This dividend growth stock has managed to increase distributions by 12.60% per year over the past decade. Yield: 1.80% (analysis) Avon Products Inc. (AVP) manufactures and markets beauty and related products worldwide. The company raised its quarterly dividend by 4.50 % to 23 cents/share. This marked the 22nd consecutive annual dividend increase for this dividend achiever. This dividend growth stock has managed to increase distributions by 9.10% per year over the past decade. Yield: 3.20% Meredith Corporation (MDP) a media and marketing company, engages in magazine and book publishing, television broadcasting, integrated marketing, and interactive media business in the United States. It operates in two segments, Publishing and Broadcasting. The company raised its quarterly dividend by 10.90% to 25.50 cents/share. This marked the 17th consecutive annual dividend increase for this dividend achiever. This dividend growth stock has managed to increase distributions by 11.10% per year over the past decade.... Read more