3 Passive Income Powerhouses With 30-Plus Years of Dividend Raises
When thinking about dividend stocks that you can count on no matter the market cycle, a top factor worth considering is track record. Companies that have paid and raised their dividends for at least 30 years have done so during a period that includes the dot-com bust of the early 2000s, the financial crisis, and then several steep sell-offs, including late 2018, 2020, and then the 2022 sell-off. These challenges are hard enough in hindsight. But navigating them in real time is a far taller task.
Emerson Electric (NYSE: EMR), Procter Gamble (NYSE: PG), and (NYSE: CVX) are three industry-leading dividend stocks that have done a phenomenal job executing their goals despite headwinds. Here's why all three companies have what it takes to continue rewarding shareholders for decades to come.
Source Fool.com
Chevron Corp. Stock
The stock is an absolute favorite of our community with 26 Buy predictions and no Sell predictions.
As a result the target price of 179 € shows a positive potential of 22.92% compared to the current price of 145.62 € for Chevron Corp..