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Retirees Can Count on Safe Recurring Income From These 6% Dividend Stocks

The article from MSN Money discusses six dividend stocks that retirees can consider for a stable and recurring income stream. These stocks are chosen for their reliability in paying dividends, which is crucial for retirees looking to supplement their income without eroding their capital. The stocks highlighted include:

Verizon Communications (VZ) - Known for its high dividend yield and consistent dividend increases, making it attractive for income-focused investors. 2. AT&T Inc. (T) - Despite past challenges, AT&T has maintained its dividend, offering a high yield which could be appealing for those seeking income. 3. Pfizer Inc. (PFE) - With a strong history of dividend payments, Pfizer is seen as a stable option, especially with its diversified pharmaceutical portfolio. 4. Exxon Mobil Corporation (XOM) - An energy giant with a long track record of dividend payments, offering stability in the volatile energy sector. 5. Realty Income Corporation (O) - A real estate investment trust (REIT) known for its monthly dividends, providing a steady income stream. 6. Procter & Gamble (PG) - A consumer goods company with over 130 years of consecutive dividend payments, showcasing its reliability.

The article emphasizes the importance of these stocks in a retiree's portfolio for their ability to provide income through dividends, which can help in managing living expenses during retirement while potentially offering some protection against inflation.

Read the Full MSN Article at:
[ https://www.msn.com/en-ph/money/personalfinance/retirees-can-count-on-safe-recurring-income-from-these-6-dividend-stocks/ar-AA1xNdT7 ]