3 Reasons Proctor & Gamble Stock Is a Perfect Source of Passive Income
Given the diversity of thought that exists among the billions of people in the world, it's hard to find subjects upon which the vast majority agree. But just about everybody probably dreams of a penny-pinching-free retirement. In other words, we all want to enjoy a safe and secure retirement.
One of the most common vehicles that many investors have used to achieve a successful retirement is dividend growth stocks. And with 50-plus years of dividend growth to their credit, income investors would be wise to consider Dividend Kings for their portfolios.
Procter Gamble's (NYSE: PG) 67-year dividend growth streak is in a five-way tie for the second-longest dividend growth streak out of 49 dividend Kings. Here are three reasons why the consumer staple could fit as a core position within any income-driven portfolio.
Source Fool.com
