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The 3 Safest 8+% Yielding Blue-Chip Retirees Can Trust Right Now

Published Mon, 29 Jun 2020 04:09:37 -0400 on Seeking Alpha

Seeking AlphaDividend Quick PicksThe 3 Safest 8+% Yielding Blue-Chip Retirees Can Trust Right NowJun. 29, 2020 4:09 AM ET|| Includes: ENB, EPD, MOby: Dividend SenseiDividend Sensei The Dividend KingsDividend ideas from a top team of analysts to help you sleep well at night.SummaryUltra-high yielding stocks are a favorite among retirees because they allow you to fund expenses without worrying about share prices, at least in theory.
A prudently risk-managed portfolio can be constructed that safely yields as much as 6% and generates 5% CAGR long-term dividend growth.
Even in the worst recession in 75 years, you can find safe or very safe yields as high as 10%.
EPD, MO, and ENB are the safest 8+% yielding blue-chips and Super SWANs that retirees can safely buy today.
All are potentially B+ good investment decisions that, within a diversified and prudently risk managed portfolio, can be depended on to generate very generous, safe and steadily rising income in almost any economic/market condition.
(Source: Imgflip)
Retirees LOVE high-yield stocks because it helps to pay for living expenses without having to sell shares.
Theoretically, if your portfolio generates enough safe income, that grows faster than inflation
You never have to worry about your portfolio value since you never have to sell anything to meet your financial goals. Your standard of living in retirement will rise over time since dividends are growing faster than inflation. But of course, we can't forget that we're now facing an unprecedented global health and economic crisis.
During periods of crisis, dividends can be slashed and over 250 companies have already cut or suspended dividends.
The estimates for the S&P 500's dividend cuts in 2020 range from 13% from Citi to 25% from Goldman, which means that we could be facing a Great Recession level of income hits for retirees.
Fortunately, ultra-high-yielding blue-chips do exist that retirees can trust with their... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
ALTRIA GROUP 44.46   13.2 3.36 3.36 7.23
ENBRIDGE 34.70   19.7 1.76 2.21 6.38
ENTERPRISE PRODUCTS 28.68   12.4 2.31 1.76 6.13