People often look to invest in dividend-paying stock companies for several reasons. However, the key reason is that people get passive income by holding stock, which is especially satisfying for retirees. Dividend stocks provide a steady stream of income and the prospect for capital growth. They become more attractive when there are clear indications of a reduction in interest rates, especially following the addition of more job opportunities to the American economy. These factors make dividend stocks an attractive investment option. While the market offers a wide range of investment options, …