3 Dividend Aristocrats to Buy and Hold Forever
Economic cycles may come and go, but some businesses still stay the same. I'm talking about businesses that are resilient enough to churn out a steady, rising dividend for stockholders even as they weather multiple crises. Such companies usually have a strong product portfolio, brands that occupy a dominant mindshare among customers, and a distribution network that spans the globe.
If you are an income-seeking investor, you should be looking for businesses that continue paying a dividend through good times and bad. Fortunately, these Dividend Aristocrats do exist and are still churning out rising dividends through the pandemic. A Dividend Aristocrat is defined as a company that has increased its base dividend every year for at least 25 consecutive years.
Here are three such companies that you can consider owning for the rest of your life.
Source Fool.com
