3 Dividend Kings to Buy Hand Over Fist in 2023
Dividend Kings are stocks that have increased their dividends annually for at least 50 consecutive years. That's five full decades or more of annual dividend raises, and it is testimony to the resilience these companies have displayed over the years no matter how the economy fared.
That's the kind of dividend stability many investors in stocks are seeking in today's uncertain macro environment, which is why it's a great time to look at some Dividend Kings to buy in 2023. Here are three that look hugely compelling and are surefire buys right now.
Stanley Black & Decker (NYSE: SWK) stock plunged 60% in 2022 as cost pressures on the company mounted even as rising interest rates and inflation hurt demand for its DIY tools that were otherwise a huge hit during the peak of the COVID-19 pandemic.
Source Fool.com
