2 Magnificent Dividend Stocks That I'm "Never" Selling
I am a dividend investor trying to build a portfolio of stocks that will help to provide me with income in retirement. When I see an attractively priced stock that has a solid business and an attractive dividend history, I go in for a deep dive.
That's what got me to buy Procter Gamble (NYSE: PG) when it was unloved by Wall Street. And why I am so fond of Hormel Foods (NYSE: HRL) today, while it is unloved. Here's why I'm not selling either one of these consumer staples Dividend Kings.
Procter Gamble has increased its dividend annually for a huge 68 consecutive years, landing it soundly in the Dividend Kings camp. I bought it a number of years ago, when the company was rejiggering its portfolio. Simply put, over time the product lineup had become bloated and unwieldy.
Source Fool.com
