Dividends4Life: 3 Dividend Kings to Bank on

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3 Dividend Kings to Bank on

Posted by D4L | Thursday, July 29, 2021 | | 0 comments »

Most investors who want exposure to the financial sector focus on well-known mega-cap stocks such as JP Morgan Chase (NYSE:JPM) and Bank of America (NYSE:BAC). However, some smaller financial services companies have much longer dividend growth streaks. In fact, the only three financial services companies in the group of dividend kings, which have raised their dividends for at least 50 consecutive years, are smaller.

These three financial services companies pass under the radar of most investors due to their low profile and their smaller businesses. However, such lower-risk stocks are sometimes great candidates for the portfolios of income-oriented investors. This is certainly the case for these dividend kings, which have rewarded their shareholders with more than 50 years of consecutive dividend raises. And more increases should be on tap for many more years to come: Farmers & Merchants Bancorp (OTCMKTS:FMCB), Cincinnati Financial (NASDAQ:CINF) and Commerce Bancshares (NASDAQ:CBSH).

Source: InvestorPlace

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