The Globe and Mail reports in its Tuesday edition that the financially frail senior on a fixed income is a stereotype ready for retirement. The Globe's Rob Carrick writes that the classic fixed income is the one provided by safe investments such as guaranteed investment certificates and bonds. He says that while some seniors do rely heavily on these products, it is incorrect to stereotype this entire demographic as conservative investors who are prisoners of low rates. Despite higher risk levels, seniors have been driven by low interest rates into holding more stocks, notably dividend stocks. The Canadian stock market has produced annualized total returns of 8.7 per cent over the five years to midyear. Dividends have become hugely popular with seniors, largely because you can find dividend yields from blue-chip companies that are double or even triple the inflation rate. The best dividend stocks are true inflation fighters because they increase their payouts to shareholders every year. CN Rail, Alimentation Couche-Tard, Metro, Canadian Tire, Suncor, Telus and TD Bank are examples of companies that have increased their dividends by at least 10 per cent on an annualized basis over the past five years.