We have been told that beauty lies in the eyes of the beholder. Sometimes, identifying great dividend stocks sounds like a similar task due to its relative subjectivity. To some younger investors, high dividend growth is the key to generating a sufficient dividend income stream at the time of their retirement. For other investors who are older, the income stocks with the highest yields might be the best solution to generate income in retirement. Some investors also like to concentrate their portfolios in no more than 15 – 20 carefully selected securities, while others try to hold as many stocks as possible.