The real power of dividend stocks comes from the power to deliver consistent returns and growing payouts over the very long term — not several years, but more like several decades. If you pick the right stocks that can maintain and growth their distributions over that kind of time horizon, you will be richly rewarded. However, there are only a precious few companies that can pull off that kind of long-term performance and still keep their dividend payments coming. Here are nine companies, including big names you may know and a few you don’t, that have managed to pay dividends for a century or longer.
General Mills, Inc. (NYSE:GIS) is a perfect example of an established and reliable company that has made more than 100 years of dividend payments possible. One of the oldest electric utilities in America, Consolidated Edison, Inc. (NYSE:ED) is also one of the oldest dividend payers on Wall Street. Johnson Controls Inc (NYSE:JCI) is a lesser-known dividend stock that has deep American roots. One of the largest and most established companies on the planet, Exxon Mobil Corporation (NYSE:XOM) is a go-to dividend stock. Eli Lilly and Co (NYSE:LLY) is one of the most respected names in pharmaceuticals, known for big-time drugs over the years that include Prozac and Cialis. Power tool giant Stanley Black & Decker, Inc. (NYSE:SWK) has grown and evolved over the years, but its dividends have been in place since before Edison perfected his electric light bulb. An unmatched portfolio of household brands should put Procter & Gamble Co. (NYSE:PG) near the top of any low-risk investor’s list of bulletproof stocks. Colgate-Palmolive Company (NYSE:CL) is another mainstay of dividend stock investors. Originally named Pittsburgh Plate Glass, PPG Industries, Inc. (NYSE:PPG) has branched out from windows over the last century.
Source: InvestorPlace
Related Articles:
- 5 Five-Star Dividend Stocks
- My Top 3 Investing Mistakes
- 6 Stocks Currently Trading Below their Fair Value
- The Wit and Wisdom of Warren Buffett
- The Perfect Dividend Stock
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
On the surface, AT&T (NYSE: T) may look like a compelling investment. It is one of the largest telecommunications companies in the world...
-
There’s nothing more satisfying that getting money for doing nothing. That’s why dividend stocks hold so much appeal for portfolios. Many of...
-
The truth is, some of the best dividend stocks can be found outside the United States. The world is filled with a variety of strong multinat...
-
We've broadened our search to the S&P 500, and also found two high-dividend stocks among the dividend yield leaders of that larger i...
-
I believe in dividend growth investing and consider holding strong companies will help me going through any stock market storm. I believe di...
-
Generally speaking, the higher the yield, the higher the risk involved. Since yield is a function of share price, a failing business model w...
-
Dividend stocks can be a great source of passive income. Not only do they deliver cash into your brokerage account on a recurring basis, but...
-
With bond rates already low and the Fed hinting at rate decreases, dividend stocks are in high demand these days, as alternatives in the fix...
-
What kind of income-generating assets make the most sense? Obviously, those that appear undervalued with respect to the basket/group of stoc...
-
Warren Buffett famously quipped that if you aren't willing to own a stock for 10 years, you shouldn't think about owning it for 10 m...
0 comments
Post a Comment
Post a Comment