While there are many paths investors can take to generate long-term wealth, our preferred method is to buy-and-hold quality dividend stocks for the long run. There are many different kinds of dividend stocks, which can be overwhelming for investors starting their search. We think many investors would benefit from the safety and growth of the Dividend Aristocrats. This article will discuss 3 of the best Dividend Aristocrats to buy in 2023.
Pentair (PNR) operates as a pure–play water solutions company with 3 segments: Aquatic Systems, Filtration Solutions, and Flow Technologies. Pentair was founded in 1966. Pentair has increased its dividend for more than four decades in a row, when adjusted for spin–offs. Stanley Black & Decker (SWK) is a world leader in power tools, hand tools, and related items. The company holds the top global position in tools and storage sales. Stanley Black & Decker is second in the world in the areas of commercial electronic security and engineered fastening. Target (TGT) is a retail giant with about 1,850 big box stores, which offer general merchandise and food, as well as serving as distribution points for the company’s burgeoning e-commerce business. Target should produce about $110 billion in total revenue this year.
Source: Newsmax
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