Browsing: Dividend

Many investors, particularly retirees, look to dividends for passive income. Christine Benz, Morningstar Director of Personal Finance and Retirement Planning, points out that dividends are a bird in the hand. It’s often easier to just take the cash from the dividend than it is to sell shares in order to meet your living expenses.

The S&P 500 index (SNPINDEX: ^GSPC) yields a tiny 1% as of this writing. That’s not enough for most dividend investors. However, if you are careful, you can still find attractive stocks with ultra-high yields of 5% or more. Here are five you should consider right now: Hormel (NYSE: HRL), Clorox (NYSE: CLX), Realty Income…