Reliable Dividend Stocks That Should Continue Their Records

Imagine owning a stock that once paid a dividend when the estimable — if also unforgettable — Rutherford B. Hayes was president. That’s pretty impressive, no? Hard as it is to believe, seven companies recently identified by Paul Tracy at StreetAuthority have paid dividends for almost that period of time, without once missing a payment. Does Tracy’s list have any names that surprise you? I’ll let you decide in a few seconds, and then I’ll add five stocks to it that are getting long in the tooth … in a good way, by paying dividends for over 100 years in some cases.

But first, a quick reminder that these companies, all 12 when we’re finished, tend to have many of the same characteristics: You see them in one way or another virtually every day, and your parents and grandparents saw them, too. The majority are truly among the biggest brand names in the world, not just the U.S.. These icons, like Coca-Cola, IBM and Clorox are also some of the oldest dividend-paying machines anywhere. Add Exxon Mobil and Proctor & Gamble to the list, and you get the idea: Find names that equate to everyday products, and build on them as a base for your dividend portfolio.

Source: Investor Place

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