3 Dividend Stocks That Have Been Paying Investors Since the 1800s
Are you looking for some stability in this bear market? Three businesses that have not only been around for more than a century but have also been paying dividends going back to the 1800s are Eli Lilly (NYSE: LLY), ExxonMobil (NYSE: XOM), and the Toronto-Dominion Bank (NYSE: TD). These businesses have excellent financials and can be sources of recurring income for years to come.
Healthcare giant Eli Lilly has been paying a dividend since 1885. Closing in on the 140-year mark, it has proved to be one of the most stable dividend stocks.
And there's little reason to think that its remarkable consistency will end anytime soon. Over the past three years, the company has averaged an impressive profit margin of 22%.
Source Fool.com
