10 Best Stocks to Buy for Retirement

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6. Dow Inc. (NYSE:DOW)

Dividend Yield as of February 9: 4.74%
3-Year Average Annual Dividend Growth Rate: 10.06%
Dividend Payout Ratio: 44.5%

Dow Inc. (NYSE:DOW) is an American multinational company that specializes in the production of chemicals. On February 9, the company declared a quarterly dividend of $0.70 per share, which fell in line with its previous dividend. The company is one of the best stocks for retirement as it has been paying uninterrupted dividends to shareholders since 1912. In the past three years, the company has raised its dividend by 10.06%.

Credit Suisse upgraded Dow Inc. (NYSE:DOW) to Outperform in February with a $68 price target. The firm mentioned that the company may experience high demand this year.

At the end of September, 43 hedge funds tracked by Insider Monkey had investments in Dow Inc. (NYSE:DOW), valued at nearly $710 million. With over 7.5 million shares, Pzena Investment Management was the company’s leading stakeholder in Q3.

Follow Dow Inc. (NYSE:DOW)

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