Dividend Stocks for Retirees: Abbott, AbbVie, and Johnson & Johnson
Retirement shifts investment priorities toward income generation, with dividend stocks emerging as a cornerstone strategy. Abbott Laboratories (ABT), AbbVie (ABBV), and Johnson & Johnson (JNJ) stand out for their reliability and growth potential.
Abbott Laboratories boasts a 53-year streak of dividend increases, with a 64% payout growth since 2020. Its current yield of 1.9% and a sustainable payout ratio underscore its appeal for retirees seeking inflation-resistant income.
AbbVie and Johnson & Johnson similarly offer robust dividend histories, combining stability with sector dominance. These picks reflect a broader trend of retirees favoring equities that deliver consistent cash FLOW over speculative growth.