Adding to My Retirement Portfolio: Evaluating Chevron and Rexford Industrial Realty

Magnificent Dividend Stocks

Dividend stocks are proven wealth creators. I'm self-employed, so I'm on my own when it comes to saving for retirement. I don't have a pension plan or a 401(k) match to help me retire more comfortably. So I take a reasonably cautious approach with my retirement account. I strive to make investments that I firmly believe will grow my retirement nest egg over the long term.

That's why I focus on dividend stocks. They are proven wealth creators. Over the past 50 years, the average dividend stock in the S&P 500 has delivered a 9.1% average annual total return, outpacing the 7.7% return of an equal-weighted S&P 500 Index. Meanwhile, dividend growers and initiators have delivered even higher total returns of 10.2%. That data has given me the confidence to load my retirement portfolio with dividend growth stocks.

Why Chevron Stands Out

Chevron has been one of the more durable dividend growers over the decades. The oil giant delivered its 37th consecutive annual dividend increase in 2024, raising its payout by 8%. That continued its recent trend of delivering above-average dividend growth. Over the past five years, Chevron has grown its dividend faster than the S&P 500 and more than twice the rate of its closest peer in the oil patch...

The Success of Rexford Industrial Realty

Rexford Industrial Realty is an industrial REIT focused on supply-constrained markets in Southern California. That regional focus has paid big dividends for its investors over the years. The REIT has increased its funds from operations (FFO) at a 16% compound annual pace over the past five years, versus 11% for its peers, driven by rent growth and acquisitions...

Magnificent dividend growth stocks