The world has changed a lot over the last 50 years, but what hasn't changed is what makes a business great -- and it's a good guess that it won't change any time soon. The best companies last, and they last because they operate in a stable industry, are consistently profitable, and have a competitive advantage. I'd like to look at two companies that are not only built to last the next 50 years and beyond, but will pay a growing dividend in the process.
In 1752, Benjamin Franklin founded the Philadelphia Contributionship for the Insurance of Houses from Loss by Fire, and believe it or not, it still exists today. The beauty of insurance is that it is human nature to want protection from the unknown, and it is why insurance will continue to stand the test of time. Although you cannot invest in Franklin's company, you can invest in two other longstanding and successful insurance companies, Chubb (NYSE: CB), which was founded in 1882, and ACE Ltd. (NYSE: ACE) founded in 1985.
Source: Motley Fool
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