3 Unstoppable Dividend Aristocrats That Are Passive Income Machines
Dividend Aristocrats, which are S&P 500 components that have paid and raised their dividends for at least 25 consecutive years, have received more attention as of late thanks to their stability. Many Dividend Aristocrats aren't the fastest growing companies. But by default, they increased their dividends during the COVID-19-induced recession, the worst of the U.S.-China trade war, the financial crisis, and the dot-com bubble burst. Many have done so for far longer.
This track record matters during uncertain times when many investors are more concerned about capital preservation than taking unnecessary risk. 3M (NYSE: MMM), Walmart (NYSE: WMT), and Pentair (NYSE: PNR) are three Dividend Aristocrats that could be worth buying now. Here's why.
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