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This Investment Has Brought Home the Bacon for 66 Years and Counting


Seeking out dividend growth stocks can be a wonderful way to invest for the long term. A dividend gives you a direct cash reward for the risks you take for investing. Even better, it's a reward you get without having to sell your stake in the company that paid it. When that company not only pays a dividend but also regularly raises it, that dividend might become one of your collection of tools to help fight inflation.

With that in mind, one company has stood out among dividend growth businesses for being an investment that has brought home the bacon for 66 years and counting. That company? Genuine Parts (NYSE: GPC). For 66 consecutive years it has paid its owners a rising dividend, and in 2022, it even declared a whopping 10% increase in that payment.

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Source Fool.com

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