Meet the Dividend King That's Increased Its Payout for 61 Years Straight
Dividend stocks are an excellent source of income, especially for retirees. In their search for dividends, investors want to look for companies with a stable source of income and a history of consistent payouts. If you can find a business that consistently raises its dividend year after year, that's even better.
Cincinnati Financial (NASDAQ: CINF) is a property and casualty insurer that has weathered a variety of market conditions in its history. What makes Cincinnati Financial special is the fact that it has increased its dividend payout for 61 years straight. That's right -- for over half a century, Cincinnati Financial has consistently increased its dividend payout, something only a handful of companies can brag about.
Source Fool.com
