<p>passiv 收入对于在退休时维持生活方式至关重要，特别是考虑到社会保障福利未来的不确定性。社会安全管理局的退休和残疾政策办公室预测，到 2037 年，该计划的信托基金储备可能会耗尽，可能将定期福利减少到目前水平的 76%。这个迫在眉睫的挑战凸显了为退休人员建立替代收入来源的重要性。</p>
<p>因此，许多投资者将股息股票视为他们退休收入策略的基石。然而，并非所有支付股息的公司都具有相同的稳定增长收入潜力。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy83OTAxMjcvZ3Jvd3RoLmpwZyZ3PTcwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy83OTAxMjcvZ3Jvd3RoLmpwZyZ3PTcwMA"/></p>
<p>图片来源：Getty Images。</p>
<p>最具吸引力的股息股票具有三个关键特征：支付比率低于 50%，股息增长率超过 6%，并且资本增值与更广泛市场保持同步。这些特征通常表明业务蓬勃发展，现金流强劲，管理团队以股东为中心——正是可以为退休人员提供可靠增长收入流的公司类型。</p>
<p>以下是三种一流股息增长股票的基本概述，符合这些条件，使它们成为长期关注的被 passiv 收入组合的主要竞争者。</p>
<h2>1. 劳氏：不断提供的家居改善巨头</h2>
<p><strong>劳氏公司</strong>(LOW 0.38%) 是一家领先的家居改善零售商，在北美拥有超过 1700 家门店。该公司提供各种建筑、维护和翻新产品，迎合自助和专业承包商。劳氏的业务模式受益于对家居改善的持续需求和其强大的品牌认知度。</p>
<p>它拥有惊人的 15.2% 的 10 年股息增长率，是大型市值股票中最高之一。支付比率仅为 36.7%，该公司为收入投资者保持了重要的安全边际，确保即使面临经济冲击，其股息的可持续性也得到保障。</p>
<p>这种缓冲大大降低了股息削减或暂停的风险，使投资者能够从不间断的复利中受益。在过去十年中，劳氏还大幅减少了 41% 的股数，有效提升了每股收益和股息增长。</p>
<p>该股的前瞻市盈率（P/E）为 20.4，与更广泛市场（代表 <strong>标普 500</strong>）的 22.5 倍 2025 年预期收益相比具有优势。这种较低的估值可能会在市场整体向价值倾斜时放大回报。</p>
<p>最后，劳氏的 1.89% 股息收益率高于同行业平均水平，这一特点在持有 10 至 20 年的时间跨度内增强了其构建收入滚雪球的能力。</p>
<h2>2. 洛克希德马丁：稳定回报的防御性选择</h2>
<p><strong>洛克希德马丁</strong>(LMT 1.75%) 是一家全球航空航天和国防公司，专门设计、开发和制造先进技术系统。该公司的多元化投资组合包括军用飞机、导弹系统和空间技术。洛克希德马丁的核心业务模式围绕着长期政府合同，提供稳定的收入流和对未来收益的可见性。</p>
<p>该公司拥有稳健的 7.7% 的 10 年股息增长率，对于洛克希德这样规模的公司来说，这是异常慷慨的。支付比率为 45.1%，洛克希德马丁为潜在的收入投资者提供了强大的安全保障，使公司在严重经济衰退期间几乎不太可能削减或暂停其股息。这种可靠性确保了长期投资者的持续复利。</p>
<p>洛克希德对股东回报的承诺在过去十年中进一步体现在其减少了 22% 的股数，有效提升了每股收益并加速了其股息增长。</p>
<p>该股的前瞻市盈率为 19.9，略低于更广泛市场。然而，洛克希德马丁的 2.22% 股息收益率远高于标普 500 的平均水平 1.35%。这种更高的收益率、一流的股息增长率和低支付比率使该股对于寻求构建稳步增长 passiv 收入流的投资者非常具有吸引力。</p>
<h2>3. 塔吉特：股息增长的靶心</h2>
<p><strong>塔吉特</strong>(TGT -0.46%) 是一家主要零售商，在美国各地经营一系列折扣店。该公司提供各种商品，包括服装、电子产品和杂货。塔吉特的业务模式侧重于通过竞争性定价、时尚产品提供和强大的全渠道存在提供卓越的购物体验。</p>
<p>塔吉特是一个股息增长强者，拥有令人难以置信的 10% 的 10 年股息增长率。零售商的 45.4% 支付比率还为寻求收入的投资者提供了相当大的保障，显著降低了在挑战性经济环境中削减股息的风险。</p>
<p>在过去十年中，塔吉特减少了 27.7% 的股数，提升了股东价值并支持其积极的股息增长。该股的前瞻市盈率为 16.3，相对于标普 500 来说具有显著折扣。</p>
<p>塔吉特的 2.96% 股息收益率也是标普 500 平均水平 1.35% 的两倍以上，为专注于股息的投资者提供了引人注目的收入建议。这种相对较高的收益率，加上塔吉特火热的股息增长率和适度的支付比率，使其成为 passiv 收入组合的理想选择。</p>
<h2>passiv 收入组合的首选</h2>
<p>这三只股息增长股 -- Lowe's、洛克希德马丁和塔吉特 -- 为投资者提供了当前收入、长期可持续性和高于平均水平的股息增长的强大组合。作为额外福利，这三家股息支付公司在过去 10 年的时间里在总回报（包括股息并假设再投资）方面表现优于基准标普 500 指数，展示了股息增长策略和复利回报的力量。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/67437d5f1bce7e9e45a70b4bd4a34020.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/67437d5f1bce7e9e45a70b4bd4a34020.png"/></p>
<p>^SPXTR data by YCharts.</p>
<p>因此，这些顶级股息增长者被视为长期关注的 passsive income 投资组合的首选。</p>

洛克希德马丁

塔吉特

<p>这篇文章讨论了三只适合用于产生 passsive income 的股票，特别适合面临社会保障福利不确定性的退休人士。这三只备受关注的股票分别是 Lowe's、洛克希德马丁和塔吉特，它们都表现出低派息比率、高股息增长率和稳健的资本增值等强劲特征。Lowe's 拥有 15.2% 的股息增长率和 1.89% 的收益率；洛克希德马丁提供 7.7% 的增长率和 2.22% 的收益率；而塔吉特则呈现出 10% 的增长率和 2.96% 的收益率。这些股票被视为长期收入生成的可靠选择</p>

<p>Passive income is crucial for maintaining your lifestyle in retirement, especially given the uncertain future of Social Security benefits. The Office of Retirement and Disability Policy, part of the Social Security Administration, projects that by 2037, the program's trust fund reserves might be exhausted, potentially reducing scheduled benefits to 76% of their current levels. This looming challenge underscores the importance of building alternative income streams for retirees.</p>
<div class="lb-trans"><p>passiv 收入对于在退休时维持生活方式至关重要，特别是考虑到社会保障福利未来的不确定性。社会安全管理局的退休和残疾政策办公室预测，到 2037 年，该计划的信托基金储备可能会耗尽，可能将定期福利减少到目前水平的 76%。这个迫在眉睫的挑战凸显了为退休人员建立替代收入来源的重要性。</p>
</div><p>As a result, many investors turn to dividend stocks as a cornerstone of their retirement income strategy. However, not all dividend-paying companies offer the same potential for stable, growing income.</p>
<div class="lb-trans"><p>因此，许多投资者将股息股票视为他们退休收入策略的基石。然而，并非所有支付股息的公司都具有相同的稳定增长收入潜力。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy83OTAxMjcvZ3Jvd3RoLmpwZyZ3PTcwMA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F790127%2Fgrowth.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image Source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><p>The most attractive dividend stocks share three key characteristics: payout ratios below 50%, dividend growth rates exceeding 6%, and capital appreciation that keeps pace with the broader market. These traits often indicate thriving businesses with strong cash flows and shareholder-friendly management teams -- precisely the type of companies that can provide a reliable, growing income stream for retirees.</p>
<div class="lb-trans"><p>最具吸引力的股息股票具有三个关键特征：支付比率低于 50%，股息增长率超过 6%，并且资本增值与更广泛市场保持同步。这些特征通常表明业务蓬勃发展，现金流强劲，管理团队以股东为中心——正是可以为退休人员提供可靠增长收入流的公司类型。</p>
</div><p>Here is a nuts-and-bolts overview of three tier 1 dividend growth stocks that tick these boxes, making them prime contenders for a passive income portfolio with a long-term focus.</p>
<div class="lb-trans"><p>以下是三种一流股息增长股票的基本概述，符合这些条件，使它们成为长期关注的被 passiv 收入组合的主要竞争者。</p>
</div><h2>1. Lowe's: The home improvement giant that keeps on giving</h2>
<div class="lb-trans"><h2>1. 劳氏：不断提供的家居改善巨头</h2>
</div><p><strong>Lowe's Companies</strong>(LOW 0.38%) is a leading home improvement retailer, operating over 1,700 stores across North America. The company offers a wide range of products for construction, maintenance, and remodeling, catering to both do-it-yourselfers and professional contractors. Lowe's business model benefits from the ongoing demand for home improvement and its strong brand recognition.</p>
<div class="lb-trans"><p><strong>劳氏公司</strong>(LOW 0.38%) 是一家领先的家居改善零售商，在北美拥有超过 1700 家门店。该公司提供各种建筑、维护和翻新产品，迎合自助和专业承包商。劳氏的业务模式受益于对家居改善的持续需求和其强大的品牌认知度。</p>
</div><p>It has a blistering 15.2% 10-year dividend growth rate, one of the highest among large-cap equities. With a payout ratio of just 36.7%, the company maintains a significant margin of safety for income investors, ensuring the sustainability of its dividend even in the face of economic shocks.</p>
<div class="lb-trans"><p>它拥有惊人的 15.2% 的 10 年股息增长率，是大型市值股票中最高之一。支付比率仅为 36.7%，该公司为收入投资者保持了重要的安全边际，确保即使面临经济冲击，其股息的可持续性也得到保障。</p>
</div><p>This buffer dramatically reduces the risk of dividend cuts or suspensions, allowing investors to benefit from uninterrupted compounding. Lowe's has also aggressively reduced its share count by 41% over the past decade, effectively boosting per-share earnings and dividend growth.</p>
<div class="lb-trans"><p>这种缓冲大大降低了股息削减或暂停的风险，使投资者能够从不间断的复利中受益。在过去十年中，劳氏还大幅减少了 41% 的股数，有效提升了每股收益和股息增长。</p>
</div><p>The stock's forward price-to-earnings ratio (P/E) of 20.4 compares favorably to the broader market, as represented by the <strong>S&amp;P 500</strong>, which trades at 22.5 times 2025 projected earnings. This lower valuation could amplify returns in a marketwide tilt toward value.</p>
<div class="lb-trans"><p>该股的前瞻市盈率（P/E）为 20.4，与更广泛市场（代表 <strong>标普 500</strong>）的 22.5 倍 2025 年预期收益相比具有优势。这种较低的估值可能会在市场整体向价值倾斜时放大回报。</p>
</div><p>Lastly, Lowe's 1.89% dividend yield is above average for its peer group, a feature that enhances its ability to build an income snowball when held over a 10- to 20-year time span.</p>
<div class="lb-trans"><p>最后，劳氏的 1.89% 股息收益率高于同行业平均水平，这一特点在持有 10 至 20 年的时间跨度内增强了其构建收入滚雪球的能力。</p>
</div><h2>2. Lockheed Martin: A defensive play with stable returns</h2>
<div class="lb-trans"><h2>2. 洛克希德马丁：稳定回报的防御性选择</h2>
</div><p><strong>Lockheed Martin</strong>(LMT 1.75%) is a global aerospace and defense company, specializing in the design, development, and manufacturing of advanced technology systems. The company's diverse portfolio includes military aircraft, missile systems, and space technologies. Lockheed Martin's core business model revolves around long-term government contracts, providing a stable revenue stream and visibility into future earnings.</p>
<div class="lb-trans"><p><strong>洛克希德马丁</strong>(LMT 1.75%) 是一家全球航空航天和国防公司，专门设计、开发和制造先进技术系统。该公司的多元化投资组合包括军用飞机、导弹系统和空间技术。洛克希德马丁的核心业务模式围绕着长期政府合同，提供稳定的收入流和对未来收益的可见性。</p>
</div><p>The company has a solid 7.7% 10-year dividend growth rate, which is unusually generous for a company of Lockheed's size. With a payout ratio of 45.1%, Lockheed Martin offers prospective income investors a robust safety net, making it highly unlikely the company will reduce or suspend its dividend even during serious economic downturns. This reliability ensures consistent compounding for long-term investors.</p>
<div class="lb-trans"><p>该公司拥有稳健的 7.7% 的 10 年股息增长率，对于洛克希德这样规模的公司来说，这是异常慷慨的。支付比率为 45.1%，洛克希德马丁为潜在的收入投资者提供了强大的安全保障，使公司在严重经济衰退期间几乎不太可能削减或暂停其股息。这种可靠性确保了长期投资者的持续复利。</p>
</div><p>Lockheed's commitment to shareholder returns is further evident in its 22% reduction in share count over the past decade, effectively boosting per-share earnings and ramping up its dividend growth.</p>
<div class="lb-trans"><p>洛克希德对股东回报的承诺在过去十年中进一步体现在其减少了 22% 的股数，有效提升了每股收益并加速了其股息增长。</p>
</div><p>The stock's forward P/E of 19.9 sits slightly below that of the broader market. However, Lockheed Martin's dividend yield of 2.22% is substantially higher than the S&amp;P 500's average of 1.35%. This higher-yield, top-tier dividend growth rate and low payout ratio make the stock attractive for investors looking to build a steadily growing passive income stream.</p>
<div class="lb-trans"><p>该股的前瞻市盈率为 19.9，略低于更广泛市场。然而，洛克希德马丁的 2.22% 股息收益率远高于标普 500 的平均水平 1.35%。这种更高的收益率、一流的股息增长率和低支付比率使该股对于寻求构建稳步增长 passiv 收入流的投资者非常具有吸引力。</p>
</div><h2>3. Target: Bull's-eye for dividend growth</h2>
<div class="lb-trans"><h2>3. 塔吉特：股息增长的靶心</h2>
</div><p><strong>Target</strong>(TGT -0.46%) is a major retailer, operating a chain of discount stores across the United States. The company offers various merchandise, including clothing, electronics, and groceries. Target's business model focuses on providing a superior shopping experience through competitive pricing, trendy product offerings, and a strong omnichannel presence.</p>
<div class="lb-trans"><p><strong>塔吉特</strong>(TGT -0.46%) 是一家主要零售商，在美国各地经营一系列折扣店。该公司提供各种商品，包括服装、电子产品和杂货。塔吉特的业务模式侧重于通过竞争性定价、时尚产品提供和强大的全渠道存在提供卓越的购物体验。</p>
</div><p>Target is a dividend growth powerhouse with an incredible 10% 10-year dividend growth rate. The retailer's 45.4% payout ratio also provides a considerable cushion for income seekers, significantly reducing the risk of a dividend cut even in a challenging economy.</p>
<div class="lb-trans"><p>塔吉特是一个股息增长强者，拥有令人难以置信的 10% 的 10 年股息增长率。零售商的 45.4% 支付比率还为寻求收入的投资者提供了相当大的保障，显著降低了在挑战性经济环境中削减股息的风险。</p>
</div><p>Over the past decade, Target has reduced its share count by 27.7%, boosting shareholder value and supporting its aggressive dividend growth. The stock's forward P/E of 16.3 represents a significant discount compared to the S&amp;P 500.</p>
<div class="lb-trans"><p>在过去十年中，塔吉特减少了 27.7% 的股数，提升了股东价值并支持其积极的股息增长。该股的前瞻市盈率为 16.3，相对于标普 500 来说具有显著折扣。</p>
</div><p>Target's dividend yield of 2.96% is also more than double the S&amp;P 500's average of 1.35%, offering a compelling income proposition for dividend-focused investors. This relatively high yield, coupled with Target's scorching dividend growth rate and modest payout ratio, makes it an ideal choice for a passive income portfolio.</p>
<div class="lb-trans"><p>塔吉特的 2.96% 股息收益率也是标普 500 平均水平 1.35% 的两倍以上，为专注于股息的投资者提供了引人注目的收入建议。这种相对较高的收益率，加上塔吉特火热的股息增长率和适度的支付比率，使其成为 passiv 收入组合的理想选择。</p>
</div><h2>Top picks for a passive income portfolio</h2>
<div class="lb-trans"><h2>passiv 收入组合的首选</h2>
</div><p>These three dividend growth stocks --Lowe's, Lockheed Martin, and Target --offer investors a powerful combination of current income, long-term sustainability, and above-average dividend growth. As a bonus, all three dividend payers have outperformed the benchmark S&amp;P 500 over the prior 10-year period in terms of total returns (including dividends and assuming reinvestment), showcasing the power of the dividend growth strategy and compounding returns.</p>
<div class="lb-trans"><p>这三只股息增长股 -- Lowe's、洛克希德马丁和塔吉特 -- 为投资者提供了当前收入、长期可持续性和高于平均水平的股息增长的强大组合。作为额外福利，这三家股息支付公司在过去 10 年的时间里在总回报（包括股息并假设再投资）方面表现优于基准标普 500 指数，展示了股息增长策略和复利回报的力量。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/67437d5f1bce7e9e45a70b4bd4a34020.png" alt="" original-src="https://media.ycharts.com/charts/67437d5f1bce7e9e45a70b4bd4a34020.png"/></p>
<p>^SPXTR data by YCharts.</p>
<div class="lb-trans"><p>^SPXTR data by YCharts.</p>
</div><p>These elite dividend growers thus scan as top picks for a long-term-focused passive income portfolio.</p>
<div class="lb-trans"><p>因此，这些顶级股息增长者被视为长期关注的 passsive income 投资组合的首选。</p>
</div>

3 只令人难以置信的股息增长股票，可以提供终身的被动收入