Only 7 Large-Cap Dividend Kings Yield Over 3%. Here's My Top Pick to Buy Now.
If you're an income investor, you may have heard tales of mighty companies that have raised their payouts no matter the economic cycle. Only 49 companies over the past 50 years have managed to accomplish this monumental feat. But the ancient lore can be misleading as far fewer companies have a high yield and a market capitalization above $10 billion.
Target (NYSE: TGT), Coca-Cola (NYSE: KO), Kimberly-Clark (NYSE: KMB), AbbVie (NYSE: ABBV), Altria (NYSE: MO), Stanley Black Decker (NYSE: SWK), and 3M (NYSE: MMM) are the seven companies that stand alone on the throne of large-cap Dividend Kings with a yield over 3%. Here's why the distinction is important, and which of these seven Dividend Kings is the best buy now.
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Source Fool.com
AbbVie Inc. Stock
The stock is an absolute favorite of our community with 48 Buy predictions and no Sell predictions.
As a result the target price of 176 € shows a slightly positive potential of 9.81% compared to the current price of 160.28 € for AbbVie Inc..
