For the most part, our lives are simply piles of mundane tasks: brushing our teeth, feeding ourselves, commuting to and from work, and so on.
As a result, the world of Wall Street — whether you think of men in high-end suits or robots performing high-frequency trading — seems like it couldn’t be any more different from our daily routines.
But our day-to-day chores actually are tied pretty tightly to the trading floor. The big-name corporations providing our basic staples are traded on those same HFT-ridden exchanges — and often rank among some of the steadiest bets on Wall Street.
More importantly, by investing in a few of those companies, you can also pocket a little guaranteed income in the form of dividends — money that should help you meet your day-to-day needs once you hit retirement.
So, let’s take a look at five dividend stocks providing products or a service most of us rely on consistently, and that we might rely on for a little extra cash: