Dividend stocks can be an important pillar of a well-balanced, diversified investment strategy. Seeking passive income is a good way to supplement your portfolio while mitigating some of the volatility associated with owning individual stocks.

While there are many companies that pay a dividend, a special group known as Dividend Kings may offer the best selection. Becoming a Dividend King is no easy feat. Indeed, the five companies explored below not only pay a Dividend but have raised their payout every year for at least the last half-century.

Let's explore the companies below and assess why now looks like a great time to scoop up some shares.

Continue reading

Source Fool.com