Add These Dividend Stocks To Your Portfolio To Boost Your Retirement Income, Plus 2 High-Yield Alternatives

High-quality, low-risk dividend stocks offer a solid income stream while cushioning your portfolio from inflation. The best dividend stocks for retirement should have a long history of paying steady, increasing dividends, even in market downturns.

Wall Street analysts have given favorable ratings to these top dividend stocks for retirement income. Plus, check out two alternative high-yield investment options to add significant income to your retirement portfolio.

AbbVie Inc. ABBV, an American pharmaceutical company, boasts a strong balance sheet backed by $4.0 billion in cash flows from operations and a moderate net debt to EBITDA ratio. With a large market cap of $290.59 billion, AbbVie has increased its dividend by more than 285% since spinning off from Abbott Laboratories in 2013. The stock is a member of the S&P Dividend Aristocrats Index and offers an annual dividend yield of 3.77%, making it a great bet for retirees seeking stability and high dividend yields.

Visa Inc. V, one of the most valuable financial services brands worldwide, has a strong dividend history supported by superb financial performance and a flawless balance sheet. The company’s revenues have grown from $12.7 billion in 2014 to $35.8 billion in 2024, and top analysts rank it among the best buys for 2024, highly recommending it for dividend investing. Visa offers a dividend yield of 0.75% at a payout ratio of 21.67%, making it an excellent choice for retirees looking for safety, capital gains, and a modest cash flow.

Diversify With These High-Yield Options For Yields Up To 13%

While these dividend stocks provide a reliable income stream for retirement, savvy investors should also consider alternative investments that offer higher yields. Two such options are the Ascent Income Fund and Basecamp Alpine Notes from EquityMultiple.

The Ascent Income Fund targets stable income from senior commercial real estate debt positions, offering a compelling yield backed by real assets. With a historical distribution yield of 12.1%, payment priority, and flexible liquidity options, the Ascent Income Fund is a cornerstone investment vehicle for income-focused investors. For a limited time, first-time investors with EquityMultiple can invest in the Ascent Income Fund with a reduced minimum of just $5,000. 

Click here for more details about the Ascent Income Fund.

Basecamp Alpine Notes from EquityMultiple provide another powerful short-term cash management tool, offering a target APY of 9.00% over a 3-month term with a minimum investment of only $1,000. These notes offer high liquidity and compelling rates with compounding interest, making them an ideal choice for investors looking to build their real estate portfolio. 

Click here to learn more about what makes Basecamp Alpine Notes an attractive high-yield investment.

While dividend stocks like AbbVie Inc. and Visa Inc. are excellent additions to your retirement portfolio for a stable income stream, don’t overlook the potential of alternative investments with higher yields. The Ascent Income Fund and Basecamp Alpine Notes from EquityMultiple provide unique opportunities to enhance your investment strategy and create a more diversified, resilient portfolio that can support your retirement goals in any market condition.