High-yield stocks can be very helpful to shore up income after retirement. A $120,000 investment in stocks with an average dividend yield of 5% creates an average of $500 a month in dividends.
Hanesbrands is a leading marketer of everyday basic innerwear and activewear apparel. It sells its products under well-known brands, including Hanes and Champion, in America, Europe, Australia and the Asia-Pacific region.
Big Lots is a home discount retailer with a focus on closeouts and low prices. With $6 billion in sales and a market cap of around $930 million, this S&P 600 component can trace its history to 1967.
City Office REIT is an internally-managed real estate investment trust focused on owning, operating, and acquiring highquality office properties located in “18-hour cities” in the Southern and Western United States.