Many investors often break their portfolio into separate baskets, such as core holdings versus non-core holdings. Core holdings, including dividend stocks, are often considered to be the best available companies to own as their competitive advantages have set them apart from their peers. These are the stocks investors plan to hold forever. These types of companies often have very long histories of dividend growth as well, some of which have achieved dividend aristocrat status as they have increased their dividend for at least 25 consecutive years.
This article will examine three names that we believe should be considered as foundation pieces for an investor’s retirement portfolio, including: 3M Company (NYSE:MMM), Johnson & Johnson (NYSE:JNJ) and McDonald’s Corporation (NYSE:MCD). These companies have an average dividend growth streak of almost 56 years and competitive advantages that should allow them to grow their payments to shareholders for years to come, making them core holdings in our view.
Source: Investor Place
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