10 Best Stocks to Buy for Retirement

2. M.D.C. Holdings, Inc. (NYSE:MDC)

Dividend Yield as of February 9: 5.26%
3-Year Average Annual Dividend Growth Rate: 21.6%
Dividend Payout Ratio: 26.08%

M.D.C. Holdings, Inc. (NYSE:MDC) is an American home construction company, based in Colorado. On January 24, the company announced a quarterly dividend of $0.50 per share, consistent with its previous dividend. It’s one of the best stocks for retirement because of its seven-year-long dividend growth streak. The stock’s dividend yield on February 9 came in at 5.26%.

M.D.C. Holdings, Inc. (NYSE:MDC) has raised its payouts at an annual average rate of 21.6% in the past three years. The company has a strong payout ratio of 26.08%.

As of the close of Q3 2022, 18 hedge funds in Insider Monkey’s database owned stakes in M.D.C. Holdings, Inc. (NYSE:MDC), up from 17 in the preceding quarter. The total value of these stakes is nearly $40 million.