Dividend stocks give investors the benefit of receiving consistent, passive income inside a growth investment. Investors can use dividend payments to cover living expenses, buy other investments, or reinvest them to maximize their total return.
Dividend-paying companies are typically well-established businesses with strong free cash flow, which they use to reward shareholders. And once companies start paying dividends, they are likely to make paying their dividend a priority.
However, like any investment, some dividend stocks are better than others. This special presentation highlights seven Dividend Achievers, i.e., companies that have raised their dividends for at least 10 consecutive years.
This matters because of the power of compounding. When you reinvest your dividends to purchase more shares, your investment grows over time, resulting in larger dividends. It’s a time-tested, low-risk strategy for building wealth.
Click the "Continue to Slide #1" button to view the first company.