2 Dividend Kings to Buy and Hold Forever
Dividend stocks aren't just for investors looking for a reliable passive income stream. Companies that have a habit of rewarding their shareholders with increasing payouts often have solid businesses that generate growing revenue and profits. That's probably one reason why dividend stocks have historically outperformed their non-dividend-paying counterparts.
And in the universe of dividend companies, the so-called Dividend Kings -- companies that have raised their payouts for at least 50 consecutive years -- reign supreme. Let's look at two Dividend Kings worth buying now and holding onto forever: Johnson & Johnson (NYSE: JNJ) and Abbott Laboratories (NYSE: ABT).
JNJ Total Return Level data by YCharts
Source Fool.com
