Retiring requires strategic financial planning, especially regarding creating passive income. Stocks that offer both growth and dividends are ideal for retirees. Saratoga Investment Corp is highlighted as a key option, demonstrating robust performance with a YTD growth of 9.92%, a one-year return of 24.95%, and a three-year return of 46.08%. While stock market investments come with risks, dividends may still provide income even if a stock underperforms. A financial advisor can assist in assessing retirement readiness and stock choices.
For retirees, the best hope is to find stocks that offer both growth and dividend returns. These three stocks do precisely that with strong annual returns plus reliable and consistent dividend amounts.
The most important thing to remember is that nothing in the stock market is guaranteed, including dividends. However, the good news with dividends is that, unless there is an extreme and rare case, even if a stock is underperforming, you should be able to generate passive income.
Saratoga Investment Corp is one of the first stocks any retiree looking to generate secure dividend returns should consider buying right now.
As of August 4, 2025, the stock is currently showing a YTD growth return of 9.92% but this isn't what's most attractive. No, it's the one-year return at 24.95% and the three-year return of 46.08%.
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