Got $1,000? These 2 Dividend Kings Are Trading Near Their 52-Week Lows
If you've got $1,000 you can afford to invest in the stock market right now, this could be an ideal time to buy shares of top companies. And there's no safer place for dividend investors to put their money into than in income stocks with terrific track records for not just paying but also increasing their dividend payments.
That's what you can expect to get with Dividend Kings Johnson & Johnson (NYSE: JNJ) and Colgate-Palmolive (NYSE: CL). Their yields are higher than the S&P 500 average of 1.8%, and are solid places to put your money for the long term.
Johnson & Johnson provides investors with a relatively safe place to invest in today. The healthcare giant has increased its dividend for 60 consecutive years and has one of the most impressive track records out there among dividend growth stocks.
Source Fool.com
