Can you suggest stocks that meet my criteria?

[dividend123]

I am a relatively young retiree who relies on dividends to pay my family's expenses. I am looking for stocks with the following three characteristics:

(1) Current dividend yield of at least 4.2%.
(2) LONG-TERM expected annual dividend growth rate of at least 7%.
(3) Low business risk and recession-resistant.

I currently hold PM, BTI, MO, KMI, BIP and BEP.

Can you suggest any additions to my portfolio that meet the above criteria? I would appreciate brief explanations along with your suggestions.

Thanks in advance!

[EricL]

Don't know what type of account you have or what your thoughts are on REITs, but some ideas to look at include:

Digital Realty Trust (DLR) - 4.8% yield
Mattel Inc. (MAT) - 4.9% yield
Realty Income Corp. (O) - 4.8% yield
Omega Healthcare Investors (OHI) - 5.6% yield
Tupperware Corp. (TUP) - 4.2% yield
British Petroleum (BP) - 5.8% yield
Conoco Philips (COP) - 4.1% yield
BHP Billiton (BHP) - 4.4% yield

Not all of these stocks would make the 7% dividend growth rate requirement, but most are pretty close. I own all of the above except for BHP.

[rapidacid]

In addition to what you & Eric have already posted I come up with:

IRM
FCX
ESV
OKE
NE
VTR

I used trailing 5 year CAGR for the div growth and didn't take (3) into consideration

[dividend123]

Thank you for the responses so far.

Perhaps those who respond could explain how their top picks satisfy all of the three criteria I have listed in the OP?

[earthtodan]

You might like SAFT, a regional insurance company in Massachusetts. The dividend growth isn't perfectly consistent, but over time it's pretty good.