3 Dividend Stocks to Buy for 12 Months of Income

Most dividend stocks will hand out their payouts every three months. Typically, in March, June, September and December, during the quarter ends. The issue for retirees is they can often go without for months as they wait for their dividends to hit their bank accounts. Essentially, their income streams dry up during the months in between. For those investors in retirement who need a stream of income to meet their obligations, this could be a serious problem. But luckily, there are plenty of dividend stocks to buy that offer income in the other months, allowing retirees a full 12 months of dividend payouts. With that in mind, here are three stocks to buy for 12 months of income...

Look around any hospital room, and you’ll only see a few names on the various pieces of equipment. And odds are most of those names will be owned by Medtronic plc. Ordinary Shares (NYSE:MDT). A lot has been written about Apple Inc. (NASDAQ:AAPL) and its accession into tech stardom. But after all the ink has been spilled, AAPL remains one heck of a dividend stock. The halcyon days for the refiners may be over, but Valero Energy Corporation (NYSE:VLO) should be able to keep its cash flows going. As the largest independent refiner in the U.S., VLO has the size and scope that allows it to squeeze the most out of its 15 refineries.

Source: InvestorPlace

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