8 Dividend Stocks Every Retiree Should Own

The winning formula for retirees who count on dividend stocks for income comes in two parts. A dividend-paying stock must be reliable in making regular payments, and it should increase its dividend annually. To find dependable dividend payers, look no further than the Dividend Aristocrats, a list of 50 companies in Standard & Poor's 500-stock index that have hiked their dividends every year for at least 25 consecutive years.

But as impressive as a quarter-century track record of annual dividend increases may be, there are some stocks that boast even longer streaks. After combing through the Dividend Aristocrats, we found eight stocks that have increased their dividends every year for at least 50 years. With more than a half-century of regular hikes, these dividend payers are as dependable as they come, and fit well in any retirement portfolio: 3M, Johnson & Johnson, Coca-Cola, Colgate-Palmolive, Emerson Electric, Genuine Parts and Dover.

Source: Yahoo Finance

Related Articles:
- 8 Dividend Stocks For The Ultimate In Deferred Gratification
- The Most Important Thing To Consider When Selecting A Dividend Stock
- 5 Healthcare Stocks With Growing Dividends Yielding In Excess of 2%
- 3 Powerful Concepts for Compounding Wealth with Dividend Stocks
- Why We Are Dividend Growth Investors