3 Top Dividend Kings to Buy for the Long Haul
When it comes to finding stocks that pay a dividend, it's important for investors to focus on companies with strong business fundamentals. This helps ensure the dividend will be around for years to come. A good place to look for dividend stocks is the list of Dividend Kings. This title is bestowed upon any company that has increased its dividend for at least 50 consecutive years.
As of early 2022, only 39 stocks qualified as Dividend Kings. Among those, there are three companies I think are great investments for the long haul. Johnson & Johnson (NYSE: JNJ) has increased its dividend for 59 consecutive years while Abbott Labs (NYSE: ABT) and AbbVie (NYSE: ABBV) have done so for 50. However, their long-standing dividends are not the only reasons to add these stocks to your portfolio.
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