The following video is part of our "Motley Fool Conversations" series, in which advisor Charly Travers and analyst Jason Moser discuss topics across the investing world.

Investors who need their portfolios to generate income to pay for living expenses have limited options in this tragically low interest-rate environment. Consider that the national average for one-year bank CDs is a meager 1%. Fortunately, there are better options than pinching pennies and fighting Fluffy for dinner scraps. High-quality companies are raising their dividends to attract income-seeking investors, and these payouts should continue to rise over time.

Charly Travers has no positions in the stocks mentioned above. Jason Moser has no positions in the stocks mentioned above. The Motley Fool owns shares of Microsoft and Qualcomm. Motley Fool newsletter services recommend Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.