3 Top Dividend Stocks to Maximize Your Retirement Income

Dividend-paying stocks from generally low-risk, top notch companies are a brilliant way to create steady and solid income streams to supplant current low risk, low yielding Treasury and fixed-income alternatives. A rule of thumb for finding solid income-producing stocks is to seek those that average 3% dividend yield, and positive yearly dividend growth. These stocks can help combat inflation by boosting dividends over time. Here are three dividend-paying stocks retirees should consider for their nest egg portfolio.

Federated Investors (FII) is currently shelling out a dividend of $0.27 per share, with a dividend yield of 3.29%. In terms of dividend growth, the company's current annualized dividend of $1.08 is flat compared to last year. Invesco (IVZ) is paying out a dividend of 0.31 per share at the moment, with a dividend yield of 6.89%. Taking a look at the company's dividend growth, its current annualized dividend of $1.24 is up 3.33% from last year. Currently paying a dividend of 0.44 per share, MetLife (MET) has a dividend yield of 3.41%. Looking at dividend growth, the company's current annualized dividend of $1.76 is up 4.76% from last year.

Source: Yahoo Finance

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