Dividend Stocks Increasing Retirement Incomes For Investors

Investors who plan to live off dividends in retirement should follow several guidelines that would ensure they could do so. First, they should select companies which have raised distributions each year, in order to ensure that they will generate a sufficient income stream that rises over time, which protect purchasing power of their dollars. Second, they should invest only in companies which meet certain quantitative or qualitative criteria, such as the ones described in this article. Last but not least, investors should be properly diversified in order to minimize exposure in the event of dividend cuts, company failures etc. Carefully selected companies raising dividends could ensure a rising income stream in retirement, which maintains and even increases its purchasing power over time. Companies that announced dividend raises last week include: Intel Corporation (INTC) engages in the design, manufacture, and sale of integrated circuits for computing and communications industries worldwide. Intel Corporation today announced that its board of directors has approved a 16 percent increase in the quarterly cash dividend to 21 cents per share. This the second dividend increase in the past 6 months. Intel previously raised the dividend 15 percent in November 2010. The company has raised distributions for 8 years in a row. Yield: 3.60% (analysis) Mine Safety Appliances Company (MSA) develops, manufactures, and supplies health and safety products used by workers in the fire service, homeland security, construction, and other industries, as well as the military. The company raised its quarterly dividend by 4% to 26 cents/share. This dividend champion has raised distributions for 40 years in a row. Yield: 2.70% Buckeye Partners, L.P. (BPL) primarily operates refined petroleum products pipeline systems in the United States. The company raised its quarterly distributions by 1% to $1/unit. This dividend achiever has raised distributions for 16 years in a row. Yield: 6.30% NACCO Industries, Inc. (NC), through its subsidiaries, engages in lift trucks, small appliances, specialty retail, and mining businesses primarily in the Americas, Europe, and the Asia-Pacific.... Read more