5 Best Safe Dividend Stocks For Retirement Portfolios

3. Duke Energy Corporation (NYSE:DUK)

With a dividend yield of 4.2% as of October 29, Duke Energy is one of the best safe dividend stocks for your retirement portfolio. As of July this year, Duke Energy has paid a cash dividend on its common stock for 96 consecutive years. In September, Citi gave a Buy rating to Duke Energy along with several other stocks. Duke Energy has raised its dividends consistently for the past 11 years.

At the end of June this year, 30 hedge funds had stakes in Duke Energy, compared to 32 funds a quarter earlier. The total value of these stakes was $475 million.

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