Creating income becomes more important once you retire. But you don't want to only reach for yield -- instead, you should be focused on companies that can provide a reliable, and hopefully growing, stream of dividends. Magellan Midstream Partners, L.P. (NYSE: MMP), PPL Corporation (NYSE: PPL), and ExxonMobil Corporation (NYSE: XOM) are all high yielding dividend payers with long histories of increasing their dividends on a regular basis.