Financial objectives and risk tolerance will, as you’re probably well aware, change as individuals progress through the various stages of life. Investing at 60+ simply isn’t the same as investing at 30, 40, or 50.
Indeed, seasoned investors will often look to dividend stocks as passive income sources that they can hold forever. It’s a smart strategy, but only as long as you’re picking the best and avoiding the rest. This may be easier said than done, though.
To set you in the right direction for your 60s, 70s, and beyond, I’m glad to bring you three dividend stocks that feature high yields for powerful income potential. At the same time, the focus will be on quality first and yield second because you shouldn’t have to lose sleep over your investments.
Kinder Morgan (KMI)
A great place to hunt for impressive yield is in the energy sector. Oil and natural gas pipeline company Kinder Morgan (NYSE:KMI | KMI Price Prediction) stands out as a well-established energy infrastructure business offering an enticing dividend.
It’s understandable if you’re in the market for growth and reliability at age 60+, so KMI stock checks all the right boxes. This stock has more than doubled during the past five years, and that doesn’t even include the dividend payments.
There’s no realistic scenario in which the world will stop needing energy infrastructure. Kinder Morgan remains a thriving business in this context, and impressively, the company grew its fourth-quarter 2025 earnings per share (EPS) by 50% year over year to $0.45.
Think about it: as long as there is a strong demand for artificial intelligence (AI) data centers, there will also be a relentless need for energy. That’s one reason Kinder Morgan is a profitable and dependable income producer — and since Kinder Morgan offers a 3.89% annual dividend yield, today is a great day to conduct your due diligence on KMI stock.
AT&T (T)
Turning now to the telecommunications market, you’d be hard-pressed to find a bigger fish in the pond than AT&T (NYSE:T). At age 60 and above, it makes sense to stick to blue-chip stocks and companies, and T stock fits right into this category.
Since we’re choosing quality over hype, it’s reassuring to know that AT&T is a reliable income grower that’s in a strong financial position. Notably, the company grew its fourth-quarter 2025 operating income by 9.5% year over year to $6.776 billion.
Looking at the bigger picture, AT&T increased its operating income from $19 billion in 2024 to $24.2 billion in 2025. Suffice it to say, then, that AT&T is a mainstay in the telecommunications market that won’t run out of capital anytime soon.
At this point, you’re probably curious about AT&T’s dividends, so I won’t make you wait any longer. As it turns out, AT&T offers a forward annual dividend yield of 4.08%, which is competitive among mega-cap firms nowadays.
The takeaway, even beyond the cogent case for owning AT&T stock if you’re 60+, is that you don’t have to settle for ultra-risky stocks just because you want high yield. You can really have your cake and eat it too, as long as you’re conducting your full due diligence and only choosing top-tier businesses to invest in.
Duke Energy (DUK)
To complete our trio of high-yield selections for investors who are 60 or above, I’ll give you a stock in the utilities sector. It’s a large electric company known as Duke Energy (NYSE:DUK), and this pick is as sensible and solid as it gets.
You might or might not know about Duke Energy, but as a savvy investor, you’ll want to check it out. Amazingly. Duke Energy’s electric utilities serve 8.6 million customers and the company’s natural gas utilities serve 1.7 million customers across multiple U.S. states.
Before mentioning the dividend yield that DUK stock offers, we need to stay in the habit of looking at financials first. The good news is that Duke Energy grew its third-quarter 2025 EPS by more than 11% year over year to $1.81 (Q3 2025 is the company’s most recently released quarter of financial data).
That’s a noteworthy growth rate, and besides, it’s fairly low-risk to invest in an established electric company like Duke Energy. To sweeten the deal, Duke Energy stock features a 3.49% dividend yield so you can really enjoy those cash distributions.
As we’ve discovered, KMI, T, and DUK stocks truly are ideal for those investors who happen to be 60+. You’re invited to give one, two, or all three of these assets a place in your “buy now and collect the dividends forever” portfolio.
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