3 Defensive Dividend Stocks for Retirees to Load Up On Now

In 2023, the S&P 500 reached new highs, despite plenty of headwinds and geopolitical tensions providing downside pressure. Such events impacted global markets, but the U.S. index has stood strong, making new highs this year. Defensive stocks in various sectors like technology, health, and food and beverage, have provided steady dividends and cash flows. Indeed, many investors have increasingly focused on such stocks, as valuations across the board have increased. Investing in defensive dividend stocks is pa ...