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Found: 17 Reliable, Buyable Dividend Stocks For Retirees In October (Of 41)

Published Wed, 21 Oct 2020 23:12:44 -0400 on Seeking Alpha

Seeking AlphaDividend Quick PicksFound: 17 Reliable, Buyable Dividend Stocks For Retirees In October (Of 41)Oct. 21, 2020 11:12 PM ET|| Includes: CVS, CVX, ENB, EPD, IP, KMI, LTC, MMP, PBA, PSA, T, TD, UGI, WPC, XOMby: Fredrik ArnoldFredrik Arnold The Dividend Dog CatcherSimple, straightforward 7-step analysis that finds lucrative income stocks.SummaryKiplinger Investing periodically lists retirement tips. This 41-stock list comes from two articles. One by Brian Bollinger, updated 8/5/20 and another by Charles Lewis Sizemore, CFA, 7/2/19.
Articles titled, '20 for 20 retirement years' and '25 stocks every retiree should own' listed four stocks twice, leaving 41. One ceased paying dividends and one never did, leaving 39.
Those 39 select dividend stocks ranged 1.05% to 11.37% in annual yield and ranged -11.13% to 42.13% in annual price target downsides and upsides per brokers 10/19/20.
Top Ten reliable retiree dividend stocks, TD, T, DUK, CVS, ENB, CVX, KMI, MMP, XOM, and EPD boasted net gains from 27.02% to 51.34% in October.
5k invested in the lowest-priced five top-yield reliable retirement dividend dogs showed 3.15% more net-gain than from $5k invested in all ten. Smaller lower-priced reliable retirement dogs led this pack in October.
Foreword
This article is based on two Kiplinger investing articles aimed at retirees:
25 Stocks Every Retiree Should Own, by Charles Lewis Sizemore, CFA, published 7/2/19, features a "group of retirement stocks that includes both pure income plays and growth companies, with a focus on very-long-term performance and durability."
20 Dividend Stocks to Fund 20 Years of Retirement, (yielding roughly 4% or higher), updated 8/6/20, by Brian Bollinger, "...should fund at least 20 years of retirement, if not more. They have paid uninterrupted dividends for more than 20 consecutive years, appear to have secure payouts and have the potential to collectively grow... dividends to protect investors' purchasing... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
ENBRIDGE 34.70   19.7 1.76 2.21 6.38
MAGELLAN MIDSTREAM PARTNERS 65.61   11.0 5.99 4.05 6.20
ENTERPRISE PRODUCTS 28.68   12.4 2.31 1.76 6.13
AT&T 38.38   16.1 2.38 2.04 5.43
KINDER MORGAN 20.42   20.6 0.99 1.00 4.94
PEMBINA PIPELINE 36.91   16.1 2.29 1.80 4.86
INTERNATIONAL PAPER 42.33   10.8 3.93 2.00 4.85
EXXON MOBIL 71.98   17.3 4.15 3.48 4.83
WP CAREY & CO 88.72   31.4 2.83 4.14 4.73
LTC PROPERTIES 49.71   18.6 2.67 2.28 4.63
TORONTO-DOMINION BANK 56.54   11.9 4.74 2.22 4.02
CHEVRON 121.42   15.7 7.72 4.76 3.91
PUBLIC STORAGE 249.58   29.8 8.38 8.00 3.20
CVS CAREMARK 63.90   17.9 3.57 2.00 3.14
UGI 49.31   26.4 1.87 1.30 2.67

ENBRIDGE - ENB
ENBRIDGE - ENB  


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