Top dividend king stocks: highest dividend stocks wit 50+ years of growth
If you’re looking to invest in stocks with high dividends and a history of growth, then dividend king stocks might be worth considering. These are companies that have consistently increased their dividend payouts for 50 or more consecutive years, making them a reliable source of income for investors. In this blog post, we’ll take a look at some of the top dividend king stocks and why they might be worth adding to your portfolio.
Top dividend king stocks: highest dividend stocks wit 50+ years of growth
Johnson & Johnson (JNJ)
First on the list is Johnson & Johnson (JNJ). This healthcare giant has been paying dividends for over 70 years and has increased its payout every year for 58 years in a row. With a current dividend yield of around 2.5%, JNJ has a solid track record of growth and stability.
Procter & Gamble (PG)
Next up is Procter & Gamble (PG), a consumer goods company with a dividend yield of 2.8%. PG has increased its dividend payout for 65 consecutive years, making it one of the most reliable dividend kings out there. Its products are household names and the company has a strong global presence, which bodes well for long-term growth.
3M (MMM)
Another company to consider is 3M (MMM), a diversified industrial conglomerate with a dividend yield of around 2.6%. 3M has increased its dividend payout for 63 consecutive years, reflecting its long-term commitment to creating value for shareholders.
The company operates in a range of industries, including healthcare, consumer goods, and electronics, which gives it a broad revenue base and helps mitigate risk.
Coca-Cola (KO)
Next on the list is Coca-Cola (KO), a beverage giant with a dividend yield of around 3.1%. Coca-Cola has been paying dividends for over 100 years and has increased its payout for 59 consecutive years, making it one of the most reliable dividend kings in the market.
Its brand recognition and global reach are unparalleled, which should help it weather economic downturns and continue to deliver solid returns to investors.
Colgate-Palmolive (CL)
Finally, there’s Colgate-Palmolive (CL), a consumer goods company with a dividend yield of around 2.2%. CL has increased its dividend payout for 58 consecutive years, reflecting its commitment to creating value for shareholders over the long term.
Its brands, including Colgate toothpaste and Palmolive soap, are well-known and trusted by consumers around the world.
Long-term investors
Investing in dividend king stocks can be a smart move for long-term investors looking for reliable sources of income. These companies have a proven track record of growth and stability, which makes them less risky than some other types of investments.
Of course, as with any investment, it’s important to do your due diligence and consider the risks before making a decision. But if you’re looking for a way to build a portfolio that will generate income for years to come, dividend king stocks might be worth a closer look.
Conclusion
In conclusion, dividend king stocks are a great option for investors looking for stable and reliable sources of income. By investing in companies that have a long history of increasing their dividend payouts, you can create a portfolio that generates income for years to come.
Some of the top dividend king stocks to consider include Johnson & Johnson, Procter & Gamble, 3M, Coca-Cola, and Colgate-Palmolive. With their strong brands, global reach, and commitment to creating value for shareholders, these dividend king stocks are hard to beat.
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