Investing in dividend growth stocks is an excellent strategy to build sustainable wealth for the long haul. This is because only the best stocks with proven business models are able to raise their payouts through wars, recessions, and pandemics. Dividend Kings are the ultimate litmus test of quality. That's because these stocks have boosted their dividends for at least 50 years straight. Here are two Dividend Kings that look like great buys for income investors seeking a lifetime of dividend income.
With stores throughout the U.S. and Canada serving approximately 19 million customers a week, Lowe's Companies (NYSE: LOW) is a dominant home-improvement retailer alongside Home Depot. Given that 83% of homebuyers view a home purchase as a good financial investment, the home-improvement industry is massive with $900 billion in annual revenue. This explains why analysts are expecting 15.1% annual earnings growth through the next five years. As long as there are used cars and industrial equipment that require parts, Genuine Parts (NYSE: GPC) will continue to do well. Founded in 1928, the automotive and industrial replacement parts company has grown into a network of more than 10,000 locations throughout North America, Europe, and Australasia.
Source: Motley Fool
Related Articles:
2 Dividend Stocks That Will Pay You Forever
Posted by D4L | Wednesday, June 29, 2022 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
Dividend Growth Stocks News
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
We screened our 24/7 Wall St. dividend equity research database and found 5 stocks that combined can generate over $3,000 of annual passive ...
-
The stock market has been on an upward path of late, with some of the most prominent stocks hitting astronomical highs. The dividend yield o...
-
Dividend growth stocks can be incredibly attractive investments if you crave recurring income. As these types of stocks raise their dividend...
-
Dividends can be a tremendously powerful part of your investing strategy. Not only can they give you a continuing source of cash to reinvest...
-
The most dependable dividend stocks typically have a long track record of sustaining payouts through different market cycles. Companies with...
-
In my opinion, there are three criteria investors should consider when evaluating a particular stock for their portfolio. The first is histo...
-
As the broader stock rally broadens to some of the more “boring” corners of the market, it’s the higher-yielding dividend plays that could s...
-
Double your money in a short time. Few investors would walk away from such an opportunity. Of course, there's no guarantee that any inve...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.