3 Dividend Stocks That Should Pay You the Rest of Your Life
Getting paid year in and year out is the core of dividend investing, but you need to make sure you don't get lured in by story stocks that burn out. The real goal is to find companies that have proven themselves over time and have a certain staying power. That's exactly what you'll find at high-yielding real estate investment trust (REIT) W.P. Carey (NYSE: WPC), industrial giant 3M (NYSE: MMM), and fast-growing utility NextEra Energy (NYSE: NEE).
W.P. Carey's dividend yield is roughly 6% today. The real estate investment trust has increased the dividend every year since its 1998 IPO, meaning roughly 23 years and counting. In a world where the S&P 500 Index, using the SPDR S&P 500 ETF as a proxy, yields less than 2%, this is a very attractive proposition. But it gets even better when you look under the hood.
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Source Fool.com
