5 Dividend Kings to Buy and Hold Forever
If volatility linked to the coronavirus contagion has become exhausting to you, you're not alone. March's sell-off looked like it might never end, and then suddenly, it reversed. The market has recovered most of what was lost then, yet earnings and the economy seem to be in even worse trouble than initially feared. Investors know everything will eventually be fine, but the past three months have been a not-so-gentle reminder that trying to beat the market is a tricky game.
There is a solution, at least for a big part of most investors' portfolios. That solution is owning reliable dividend stocks. While growth stocks tend to offer juicer stories, current income is a surprisingly big component of investors' total long-term gains and even more so with dividend-paying companies in the habit of generously increasing their payouts year after year. The most reliable of these companies can earn the moniker of Dividend Kings, or companies that have increased their dividend payout yearly for at least 50 straight years.
To that end, here's a look at five Dividend Kings most investors can simply buy and hold forever without constantly babysitting them. In no particular order...
Source Fool.com
