Retirees have different investment requirements than younger people, and it is not always easy to find dividend stocks that will make some money and still be relatively safe.

Sure Dividend, a web-based stock research company, tries to take some of the guess work out of that process for retirees so they have a better chance at investment success. As Sure Dividend describes it, retirees do not want their nest egg scrambled.

The company looks for dividend stocks with high yield for income, a strong competitive advantage for safety, a long growth runway for reliable future growth, and a long record of dividend increases for consistency. To find the best dividend stocks for retirees, all of the criteria must be matched with a stock that is trading at fair or better value.

Sure Dividend researched dividend stocks and came up with the following 10 that meet the needs of retirees. The following are its 10 selections, along with the dividend yield and a few reasons why Sure Dividend says the company made the top 10 list. None of the companies have huge dividend yields because Sure Dividend says that indicates increased risk. The report is available here.

Archer-Daniels-Midland ADM (3.2 percent yield)

The agriculture company has a high dividend yield, a reasonable payout ratio, a strong competitive advantage, 41 consecutive years of dividend increases, and a long growth runway ahead. Best of all, it is deeply undervalued at current prices. Archer-Daniels-Midland’s competitive advantage comes from its excellent global supply chain.

Flowers Foods FLO (3.3 percent)

Flowers Foods is the second largest baking company in the United States. It produces TastyKake, Alpine Valley, Nature’s Own, Wonder Bread and Dave’s Killer Breads, among others. Nature’s Own is America’s leading bread brand. Company growth should continue far into the future.

Verizon VZ (4.3 percent)

Verizon is the largest wireless carrier in the United States with operations similar to a utility. The company provides recurring communication services that are difficult to go without in today’s connected world. It recently acquired AOL to build a digital and video growth platform centered on mobile users that will be monetized through advertising.

AT&T T (5 percent)

AT&T is the other large player in the United States wireless industry. It has paid increasing dividends for 32 consecutive years, making it a member of the Dividend Aristocrats Index. No business can increase its dividend payments for 32 consecutive years without having a strong competitive advantage. Its future growth will be driven by increased data usage

Consolidated Edison ED (3.4 percent)

Consolidated Edison is an electricity and gas utility corporation with operations in New York, New Jersey, and Pennsylvania. With three million customers, it is one of the larger utilities in the United States. What’s most impressive about the company is its long dividend history of 42 years of rising dividends. The company’s primary growth driver is incremental GDP growth in the areas it serves, which means it will likely be able to increase its dividends at about the pace of inflation – or a bit faster.

SCANA Corporation SCG (3.5 percent)

SCANA is an electricity and natural gas utility with operations in North Carolina, South Carolina and Georgia that is focusing heavily on growing its nuclear power generating capabilities. Investors should expect total returns of 7.5 percent to 9.5 percent a year from earnings-per-share growth and dividends.

Southern Company SO (4.5 percent)

Southern Company is an electric utility that supplies power to over 4.5 million customers in Georgia, Alabama, Mississippi and Florida. Having paid dividends every quarter since 1948, the company is extremely stable. Retired investors should take note of the company’s combination of a high yield and stability. Its competitive advantage comes from its natural geographic advantage and its presence in a highly regulated industry.

Emerson Electric EMR (3.7 percent)

Emerson Electric is one of only 17 Dividend Kings, which are companies with 50 or more consecutive years of rising dividends. The company is a large diversified manufacturer. Temporary negative growth has caused Emerson stock to become a bargain with shares currently trading for a price-to-earnings ratio of 13.8.

Johnson Controls JCI (3.1 percent)

Johnson Controls is a diversified manufacturing company with a $24 billion market cap that produces battery systems, car interiors and components, and building control systems and power solutions. It has large market shares in China and Europe. While some manufacturers are struggling due to the global growth slowdown, Johnson Controls continues to post favorable results.

Cummins CMI (3.7 percent)

Cummins is the diesel engine industry leader with a 78 percent market share in mid-duty diesel truck engines in North America. It has a strong competitive advantage in diesel engine manufacturing, which has led to 25 consecutive years of steady or rising dividend payments. Now is an excellent time to purchase this industry leader while it is still trading at a discount to fair value.