Looking for Passive Income? Consider These 3 Dividend Aristocrats
In order to qualify for inclusion in the list of Dividend Aristocrats, a company has to be a member of the S&P 500 and have raised its dividend on an annual basis for at least 25 years consecutively. Considering how much can change in a quarter-century, a company increasing the size of the checks it cuts to shareholders across that span points to a strong business that can keep chugging through times thick and thin.
Whether the market is booming or going through a rough stretch, there's a lot to like about stocks that reliably generate passive income for shareholders. With that in mind, read on to see why a panel of Motley Fool contributors identified Walmart (NYSE: WMT), Consolidated Edison (NYSE: ED), and Procter & Gamble (NYSE: PG) as top Dividend Aristocrat stocks worth buying today.
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Source Fool.com
