When a retiree decides to buy stock, they often start by looking at companies that pay the highest dividends. Unfortunately, those payouts aren't promised, and focusing on them can turn out to be a dangerous way to invest. Dividends are only part of the story for these two high-yielders.
Shareholder yield is a better metric of how much cash the company is returning to investors because it takes into account both dividends and share buybacks. Two of the companies that rise to the top when looking at shareholder yield are JPMorgan Chase (NYSE:JPM) and Amgen (NASDAQ:AMGN). Despite being vastly different, they're both stable, well-known companies that could make great investments for retirees.
Source: Motley Fool
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