Meeting end-of-month costs or saving for a happy retirement are two of the most common motivations for investing in dividend stocks. For a variety of reasons, the first option tends to be the more appealing. Some of the most excellent dividend stocks include Chevron Corporation and AbbVie Inc. Dividends operate as effective inflation hedges, making them one of the safer, if not entirely risk-free, investment options available to investors. These stocks help hasten investment returns and are generally beneficial to have in investment portfolios. As of July 2021, the ProShares S&P Dividend Aristocrats ETF was up 14.3 percent.
Insider Monkey takes a look at the 15 dividend stocks people buy for early retirement. Target Corporation is a consumer discretionary corporation based in the United States that operates as a general goods retailer. On the list of dividend stocks for early retirement, the company is ranked 15th. It has risen 36.37 percent in the last six months and 37.67 percent this year. In August, Tigress Financial restated its Neutral recommendation on Walmart Inc. The company is situated in Arkansas and ranks 14th on the dividend stocks to purchase for early retirement. It has retail, wholesale, and other business units all around the world. On the list of dividend stocks for early retirement, The Proctor & Gamble Company is ranked 13th. The company’s revenue was $18.95 billion, up 7.05 percent year over year and $569.63 million higher than analysts’ expectations. Johnson and Johnson is ranked 12th. The company has gained 4.92 percent in the last six months and 6.69 percent so far this year. Under the Janssen brand, it is also one of the healthcare businesses mass-producing effective COVID-19 vaccines. PepsiCo, Inc. is a food and beverage business based in the United States. Cheetos, Doritos, Lay’s, and Aquafina are some of the company’s brands. It ranks 11th on our list of dividend stocks for early retirement investors. The Coca-Cola Company is ranked 10th. The company’s revenue was $10.13 billion, up 41.61 percent year over year and $823.11 million higher than analysts’ expectations. For more details, click 15 Dividend Stocks People Buy For Early Retirement.