Between 1996 and 2015, dividends accounted for nearly 33% of the S&P 500’s monthly total return. Dividend stocks have more to them than meets the eye. Inflation jitters are roiling the market, and interest rates are expected to rise shortly, putting a damper on growth rallies. Dividends provide investors with a predictable monthly income and are less volatile than growth equities. Dividend stocks frequently beat growth stocks over time. Hedge funds recommend Lowe’s Companies, Johnson & Johnson, and The Coca-Cola Company as some of the best dividend stocks to buy.
Here is Insider Monkey’s list of the 10 safe dividend stocks to consider for retirement. Farmers & Merchants Bancorp, Inc. completed the acquisition of Perpetual Federal Savings Bank earlier this month. The company has a market capitalization of $311 million and had revenue of $69 million last year. The water utility American States Water Company has strong fundamentals. The company issued a quarterly dividend of $0.365 per share in late July, an increase of 9%. The company is also involved in the electrical and industrial sectors. Commerce Bancshares, Inc. has a positive hedge fund sentiment. According to the most recent disclosures, 16 hedge funds had a $75 million investment in the company. The company’s results for the second quarter are similarly impressive. Lancaster Colony Corporation is a manufacturer and distributor of packaged goods and meat products. In the fourth fiscal quarter, it missed market forecasts on earnings per share by a hair but topped revenue predictions by $17 million. Lancaster Colony Corporation issued a $0.75 per share quarterly dividend in August. In the dividend space, Northwest Natural Holding Company is another hedge fund favorite. In the second quarter, the company outperformed market expectations in terms of earnings per share and revenue. It issued a quarterly dividend of $0.4825 per share last week. For more details, click 10 Safe Dividend Stocks To Consider For Retirement.
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