3 Passive Income Powerhouses With 20-Plus Years of Dividend Raises

In today's uncertain market, investors may find comfort in holding dividend stocks -- especially when they are reliable payers that have raised their payouts annually for at least the last 20 years.

The last two decades have featured a slew of events that triggered major market sell-offs, including the financial crisis, a U.S.-China trade war, the pandemic, and last year's steep surge in inflation (and the Fed's response to it).

Yet through it all, Coca-Cola (NYSE: KO), (NYSE: CAT), and Leggett Platt (NYSE: LEG) raised their payouts every single year. Here's what makes each of them a great dividend stock to buy now.

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Source Fool.com