The two dividend stocks I plan to add to my retirement account in April.

I am self-employed, so I am on my own when it comes to retirement savings. I don't have a pension plan or a 401(k) match to help me retire more comfortably. As a result, I take a cautious approach to my retirement accounts. I try to make investments that I believe will grow my pension over time.

That's what I focus on. Dividend Stocks(used form a nominal expression)rationale They are proven wealth creators. They are proven wealth creators. Over the past 50 years. Standard & Poor's 500 indices Average number of bonus shares in surname Nian Arithmetic Return Rate 9.1% This exceeds the return of the equal-weighted Standard & Poor's 500 Index of 7.7%. At the same time, the aggregate return on dividend growth and start-up stocks was even higher, at 10.2%. These figures gave me the confidence to add dividend growth stocks to my retirement portfolio.

This April, I plan to add a few more dividend growth stocks to my retirement account, including Snowdragon (Chevron) (NYSE:CVX) ) respond in singing Resonance Industry Real Estatefirms (Rexford)Industrial Realty ) (NYSE: REXR)The following are some of the reasons why I think they are helpful in building my retirement pension. Here's why I think they help build my retirement nest egg.

Well-operated profit-sharing machines

For decades, Chevron has been one of the more durable dividend growers. The oil giant achieved its 37th consecutive annual dividend increase in 2024, raising its payout ratio by 8%, continuing its recent trend of above-average dividend growth. Over the past five years, Chevron's dividend has grown faster than the S&P 500 and more than twice as fast as its closest oil peers.

Chevron should have enough capital to continue to grow its dividend payout at an above-average rate for years to come. The oil company's focus is on investing in opportunities with the highest rates of return. Chevron believes it can grow its free cash flow by more than $10% per year through 2027 at an oil price of $60 (current crude oil prices are around $80). This would be sufficient to fund the capital program, increase the dividend, and purchase additional shares at a LBP level of $10 to $20 billion per year. Meanwhile, there are a number of upside catalysts for Chevron, including higher oil prices and the upcoming acquisition of Hess. The $60 billion deal would more than double Chevron's free cash flow by 2027, bring oil prices to $70, and extend its growth prospects into the 2030s.

At the same time, Chevron is investing in a number of emerging low-carbon energy opportunities to drive future growth, including hydrogen (chemistry) respond in singing carbon captureThese catalysts will provide further impetus to Chevron's future dividend growth. These catalysts will provide additional impetus to Chevron's future dividend growth.

The regional focus of this REIT is paying big dividends.

Rexford Industrial Realty is a Industrial Real Estate Investment TrustThe Fund. Focusing on the tightly supplied Southern California market. This regional focus has paid huge dividends for its investors over the years.Driven by rental growth and acquisitions (math.) genus The REIT's working capital (FFOThe company has grown at a compound annual growth rate of 16% over the past five years, compared to the peer group's growth rate of 11%. Driven by rental growth and acquisitions, the company's dividend has grown at an average annual growth rate of 18%, compared to the peer group's average annual growth rate of 10%.

The REIT is in an excellent position to continue its rapid growth. Recently, it has seized the opportunity to buy from Blackstone (name)Gunnar's real estate fund acquired $1 billion in industrial assets. The transaction will add 3 million square feet of prime, well-located Southern California real estate to its portfolio. The transaction will add 3 million square feet of prime, well-located Southern California real estate to its portfolio. The acquisition brings its total investment this year to $1.4 billion. Even after the completion of this substantial transaction, Resonance Ford's balance sheet remains strong, with the financial flexibility to continue to make new investments.

The deal adds to the company's already strong internal growth momentum. The company expects rising rents and other catalysts to increase net operating income by $240 million over the next three years, and by 42% by the end of 2026.These internal and external catalysts should enable the REIT to continue its strong dividend growth momentum.

Great Dividend Growth Stocks

Chevron Corporation and Reserford Industrial Realty have seen above-average dividend growth over the past few years. Given the clear growth prospects for these two companies, I expect this growth momentum to continue in the future. I also believe that over the long term, they will provide a substantial return on total assets and are excellent investments to help build my retirement nest egg.

Should you invest $1,000 in Chevron now?

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Matt DiLallo has positions in Blackstone, Chevron, and Rexford Industrial Realty. the Motley Fool has positions in recommended Blackstone, Chevron, and Rexford Industrial Realty. the Motley Fool has a Disclosure Policy. The Motley Fool has a disclosure policy.

Two High-Dividend Stocks I Plan to Add to My Retirement Account in April was originally published by The Motley Fool.