15 Stocks Perfect for Retirement Income

You’ve been saving and investing all your working life for your retirement days, and once they arrive, the loss of regular income from the ol’ daily grindstone can be a shock to your financial system.

One way to address that is by staying actively invested in creating passive income. Dividend-paying stocks are a fine way to do just that, combining share price growth with quarterly -- in some cases, monthly -- payouts that can help supplement Social Security and other fixed benefits nicely.

Here is a look at 15 stocks that just might be perfect for your retirement income.

5 Stocks Under $49
Presented by Motley Fool Stock Advisor
We hear it over and over from investors, “I wish I had bought Amazon or Netflix when they were first recommended by The Motley Fool. I’d be sitting on a gold mine!" It's true, but we think these 5 other stocks are screaming buys. And you can buy them now for less than $49 a share! Click here to learn how you can grab a copy of “5 Growth Stocks Under $49” for FREE for a limited time only.

Digital Realty Trust (NYSE: DLR) is an Austin, Texas-based real estate investment trust (REIT) that operates a global network of more than 280 data centers, providing cloud storage and crucial data interconnectivity for thousands of organizations. Digital Realty stock was trading recently for about $145.54 a share with an annual dividend of $4.64, giving it a yield of about 3.19%. The company has grown its dividend for 18 straight years, including by nearly 15% in the past three years.

ALSO READ: Here Are My Top 2 REIT Stocks to Buy Right Now

Johnson & Johnson (NYSE: JNJ) is based in New Brunswick, New Jersey, and is one of the world's largest healthcare companies, with more than 130,000 employees across multiple businesses, including consumer health products, medical devices, and pharmaceuticals (including one of the first COVID-19 vaccines). Johnson & Johnson stock was trading recently for about $172.34 a share with an annual dividend of $4.24, giving it a yield of about 2.45%. The company has raised its dividend for 60 straight years, including by about 18% in the past three years.

Genuine Parts (NYSE: GPC) is an Atlanta-based distributor of electronic, industrial, and automotive replacement parts and office products. Genuine Parts stock was trading recently for about $129.61 a share with an annual dividend of $3.26, giving it a yield of about 2.41%. The company has raised its dividend for 66 straight years, including by about 13% in the past three years.

AGNC Investment (NASDAQ: AGNC) is a Bethesda, Maryland-based mortgage REIT (mREIT), which means it originates, buys, and sells mortgages and mortgage-backed securities rather than owning real estate itself. AGNC stock was trading recently for about $14.06 a share with an annual dividend of $1.44, giving it a yield of about 10.24%. The company cut its monthly dividend during the height of the pandemic but has been paying shareholders faithfully since its 2008 IPO at the high yield rate typical of mREITs. Their share prices are often more volatile than those of their equity REIT counterparts.

ALSO READ: Investing in Mortgage REITs

Medical Properties Trust (NYSE: MPW) is a Birmingham, Alabama-based REIT with a portfolio of more than 440 hospitals and clinics that make it one of the largest owners of such properties in the healthcare business. The stock was trading recently at about $22.03 a share with an annual dividend of $1.12, giving it a yield of about 4.91%. The company has raised its dividend for nine straight years, including by about 12% in the past three years.

5 Stocks Under $49
Presented by Motley Fool Stock Advisor
We hear it over and over from investors, “I wish I had bought Amazon or Netflix when they were first recommended by The Motley Fool. I’d be sitting on a gold mine!" It's true, but we think these 5 other stocks are screaming buys. And you can buy them now for less than $49 a share! Click here to learn how you can grab a copy of “5 Growth Stocks Under $49” for FREE for a limited time only.

Altria Group (NYSE: MO) is based in Richmond, Virginia, and is one of the planet’s largest producers and marketers of cigarettes and other tobacco-related products. The company is also a major investor in other legal cannabis and e-cigarette producers. Altria stock was trading recently at about $50.31 a share with an annual dividend of $3.60, giving it a yield of about 7.15%. The company has raised its dividend for 13 straight years, including by about 17% in the past three years.

Northwest Natural Holding (NYSE: NWN) is a Portland, Oregon-based utility that provides natural gas to more than 2.5 million residential, commercial, and industrial users across the Pacific Northwest. Its stock was trading recently for about $46.89 a share with an annual dividend of $1.93, giving it a yield of about 4.12%. The company has raised its dividend for 66 straight years, including by about 1.59% in the past three years.

ALSO READ: Top 3 Energy Stocks for 2022 and Beyond

Coca-Cola (NYSE: KO) is the Atlanta-based maker and marketer of Coca-Cola and multiple other brands, mostly through concentrates it sells to its global bottling network. Coca-Cola stock was recently trading for about $61.36 a share with an annual dividend of $1.68, giving it a yield of about 2.74%. The company has raised its dividend for 60 straight years, including by nearly 8% in the past three years.

Essex Property Trust (NYSE: ESS) is a San Mateo, California-based REIT with a portfolio of about 250 apartment communities in California and the Seattle area. Essex stock was recently trading at about $324.17 a share with an annual dividend of $8.36, giving it a yield of about 2.47%. The company has raised its dividend for 28 straight years, including by about 12% in the past three years.

Emerson Electric (NYSE: EMR) is a St. Louis-based provider of diverse technology and engineering solutions to residential, commercial, and industrial markets on nearly every continent. Emerson Electric stock was recently trading for about $95.39 a share with an annual dividend of $2.06, giving it a yield of about 2.16%. The company has raised its dividend for 65 straight years, including by about 4% in the past three years.

5 Stocks Under $49
Presented by Motley Fool Stock Advisor
We hear it over and over from investors, “I wish I had bought Amazon or Netflix when they were first recommended by The Motley Fool. I’d be sitting on a gold mine!" It's true, but we think these 5 other stocks are screaming buys. And you can buy them now for less than $49 a share! Click here to learn how you can grab a copy of “5 Growth Stocks Under $49” for FREE for a limited time only.

Medtronic (NYSE: MDT) is an Irish company with a large U.S. operation based in Minneapolis. The company has more than 90,000 employees in 150 countries engaged in the development and production of medical therapies and devices. Medtronic stock was trading recently for about $102.37 a share with an annual dividend of $2.52, giving it a yield of about 2.46%. The company has raised its dividend for 45 straight years, including by about 2.5% in the past three years.

Blackstone Mortgage Trust (NYSE: BXMT) is a mREIT that specializes in loans collateralized by commercial real estate in North America, Europe, and Australia. It's an affiliate of Blackstone, one of the world’s largest asset managers. Blackstone Mortgage stock has recently been trading for about $30.58 a share with an annual dividend of $2.48, giving it a yield of about 7.95%. The company has been paying $0.62 per share per quarter since the third quarter of 2015.

Realty Income (NYSE: O) is a retail REIT that owns and operates more than 11,000 properties across the United States, United Kingdom, and Spain and pays dividends monthly. Realty Income stock was recently trading at about $68.31 per share with an annual dividend of $2.96, giving it a yield of about 4.24%. The company has raised its dividend for 26 straight years, including by nearly 8% in the past three years.

Stag Industrial (NYSE: STAG) is a Boston-based REIT with a portfolio of 517 buildings and a specialty in single-tenant operations with major logistics companies -- led by Amazon among its long list of clients. Stag Industrial stock was recently trading at about $41.87 a share with an annual dividend of $1.46, giving it a yield of about 3.49%. The company has raised its dividend for nine straight years, including by about 2% in the past three years.

Cincinnati Financial (NASDAQ: CINF) is an Ohio-based provider of property, casualty, and life insurance and annuities, particularly business, home, and auto lines through its network of independent agents. Cincinnati Financial stock was recently trading at about $121.26 per share with an annual dividend of $2.52 a share, giving it a yield of about 2.06%. The company has raised its dividend for 61 straight years, including by nearly 19% in the past three years.

5 Stocks Under $49
Presented by Motley Fool Stock Advisor
We hear it over and over from investors, “I wish I had bought Amazon or Netflix when they were first recommended by The Motley Fool. I’d be sitting on a gold mine!" It's true, but we think these 5 other stocks are screaming buys. And you can buy them now for less than $49 a share! Click here to learn how you can grab a copy of “5 Growth Stocks Under $49” for FREE for a limited time only.

Many of the stocks highlighted here are Dividend Aristocrats or Dividend Kings, members of the S&P 500 that have raised their dividends every year for 25 or 50 years, respectively. While not all of them hold those titles, what all 15 do share are long records of steady dividend paybacks that can help supplement your retirement income while also providing solid expectations for share price appreciation.

John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Marc Rapport owns Amazon, Blackstone Mortgage Trust, Digital Realty Trust, and Medical Properties Trust. The Motley Fool owns and recommends Amazon, Digital Realty Trust, and Stag Industrial. The Motley Fool recommends Johnson & Johnson. The Motley Fool has a disclosure policy.