3 Dividend Kings That Are Yielding More Than 3%
Dividend Kings are among the safest dividend growth stocks you can invest in. These are stocks of companies that have track records of increasing dividend payments for at least 50 years in a row. To break that streak would require something massive to happen, which is why it's generally a safe assumption that not only will the stocks in this exclusive club keep the payouts going, but will also increase them. At a time when inflation is high and eroding purchasing power, a rising dividend can be a way to help fight that and ensure investors' dividend income isn't diminishing over time.
Three Dividend Kings to consider today are AbbVie (NYSE: ABBV), 3M (NYSE: MMM), and Northwest Natural Holding (NYSE: NWN). In addition to being safe, these stocks all yield more than 3%, which is well above the S&P 500 average of just 1.3%.
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Source Fool.com
