2 Top Dividend Kings to Buy for the Long Haul
Becton, Dickinson and Co. (NYSE: BDX) and Johnson & Johnson (NYSE: JNJ) are rarities among healthcare stocks in that they have grown their dividends for 50 or more years, making them members of the exclusive Dividend Kings club.
Investors are attracted to Dividend Kings because only well-managed companies can continually earn higher revenue and free cash flow to boost dividends year after year.
These are large, mature companies that you're not likely to see explosive growth from. Over the past year, each stock has been up a little more than 1%, but you will get consistent growth, even through recessions. When investors worry whether the market will be trending downward, these two stocks represent safety.
Source Fool.com
