3 Dividend Kings to Buy for 2022
Companies that have increased their dividend every year for a minimum of 50 years are known as Dividend Kings. These companies have had their finances through many business cycles but continue to produce enough profits each year to fund consistent increases in the dividend. Only companies with strong competitive advantages can accomplish this, which makes their stocks worth considering for the long haul.
Because it's such a tough task to accomplish, the list is very short. Only 31 companies qualified in 2021 to be known as a Dividend King. Among those, Coca-Cola (NYSE: KO), Procter & Gamble (NYSE: PG), and Target (NYSE: TGT) are strong consumer brands that should continue to pay dividends for many years. These three stocks are worth considering in 2022.
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Source Fool.com
