The baby boom generation (births from after WW II) is aging and has begun to retire, many will retire on a pension. If you understand pensions, you understand dividend paying stocks. After working or investing your time and energy in the company, a return or pension is paid. The pension is a stream of income; you are the owner of it and hopefully your pension is indexed to inflation or the amount you receive increases each year.
In the case of dividend paying stocks, the dividend is a stream of income, and if it increases every eavery year, the stock price is also likely to increase too. Over the long term a good return will be received from both the dividend (income) and stock price. If you stick with mature companies which have paid dividends for a number of years, over the long term the shares will split to keep within the same trading range meaning the number of shares you own and your dividends will also increase.

There are always more questions than answers, till the next time – to raising questions