3 Dividend Aristocrats to Buy in August

Track records matter. And when it comes to dividends, there's a group of stocks that have especially impressive track records. These stocks don't just reliably pay dividends; they've consistently increased their dividends for 25 or more years in a row.

I'm referring, of course, to Dividend Aristocrats. Not every member of this elite group is a great pick to buy right now, but some are. Here are three Dividend Aristocrats to buy in August.

AbbVie (NYSE: ABBV) has increased its dividend for 50 consecutive years. That makes the big drugmaker both a Dividend Aristocrat and a Dividend King. AbbVie has grown its dividend payout by more than 250% since 2013 with the dividend yield now topping 3.7%.

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Source Fool.com