Down Between 11% and 62%: 3 Reliable Dividend Kings to Buy and Hold for Decades to Come
Although the stock market is forward-looking, there is something to be said about legacy companies with a track record for earnings and dividend growth. When it comes to dividend reliability, arguably the most elite accolade out there is to be a Dividend King.
A Dividend King is an S&P 500 component that has paid and raised its dividend for at least 50 years. Investing in equal parts of Stanley Black & Decker (NYSE: SWK), 3M (NYSE: MMM), and SJW Group (NYSE: SJW) produces a dividend yield of 3.7%. Here's what makes each company worth a look.
Image source: Getty Images.
Source Fool.com
