3 Dividend Aristocrats to Build Your Portfolio Around
Investing in a dividend stock that doesn't increase its payouts over the years means that inflation will chip away at your dividend payments. That's why investing in stocks that have a strong track record for increasing their dividend payments are particularly attractive. Dividend Aristocrats are the best of the best and have increased their payouts for at least 25 consecutive years, making them some of the top dividend stocks to invest in.
Below are three Aristocrats that can be great options to build your portfolio around:
Cardinal Health (NYSE: CAH) is a healthcare services provider that has increased dividend payments for more than 30 years in a row. Currently, the company pays its shareholders a quarterly dividend of $0.4811, which totals $1.92 annually -- and that means investors today are earning a dividend yield of 3.5%.
Source Fool.com
