April 19, 2016

3 Cheap High-Yield Dividend Stocks to Grow Your Retirement Portfolio

Want your money to work for you while you enjoy your retirement? Owning shares of Enterprise Products Partners, Emerson Electric, and CF Industries will help.

There are lots of ways in which someone can generate returns in the stock market. For the individual in retirement who wants his or her portfolio to generate income, though, dividend stocks are one of the best ways to go. Those quarterly cash payments can go a long way in supplementing income and can help mitigate the need to draw down one's investments for cash. Of course, the higher the yield on that dividend stock, the better, but you also want that stock to make good on those dividend payments for years to come.

That's why Enterprise Products Partners (NYSE:EPD), Emerson Electric (NYSE:EMR), and CF Industries (NYSE:CF) look appealing to the dividend stock investor today. Not only are they solid businesses, but they're selling at very modest valuations...