If retirement is around the corner, having stable passive income sources can go a long way toward stress-free golden years. Dividend stocks are one such avenue for accomplishing this goal. Read on to learn how these 6 stocks can help generate regular income to retire with.
Best Dividend Stocks to Help Generate Regular Income
General Mills (NYSE: GIS)
General Mills opened its doors over 150 years ago to provide flour to the local area. The company has always focused on innovation, creating several popular brands other the years while acquiring others.
Consolidated Edison, Inc. (NYSE: ED)
Consolidated Edison, also known as conEdison, has roots dating back to 1823. The company controls a large-scale delivery system, using steam, gas, and electricity to provide energy to over 10 million people in the greater New York City area.
Medical Properties Trust encompasses 440 hospitals in 10 countries on four different continents. MPW manages these properties, providing the necessary resources to save lives. The company is the second-largest owner of hospital beds globally, listing an asset value of over $22.2 billion.
Realty Income has given itself the title “The Monthly Dividend Company,” with 622 consecutive dividends paid and 98 straight quarters of dividend growth. Its current dividend yield is a respectable 4.25% to boot.
American Electric Power Co Inc. (NASDAQ: AEP)
American Electric Power is one of the largest energy providers in the United States. The company appeared on the scene back in 1906, continuously innovating its practices to keep serving the community.
AT&T is one of the leading mobile providers in the United States and one of the largest corporations in the world. The company's origins date to 1885, shortly after Alexander Graham Bell invented the telephone.