These Top-Dividend Stocks Have 140 Years of Payout Raises Between Them
Because investors put a premium on stability, they've created short-hand ways to classify dividend stocks with the longest track records for continuous raises. A member of the S&P 500 that has boosted its payout for at least 25 years qualifies as a Dividend Aristocrat. That's an exclusive club, with only about 65 members today.
A smaller subset of that list is referred to as Dividend Kings, companies that have increased their annual payouts for at least 50 consecutive years, going back to 1971 or earlier.
PepsiCo (NASDAQ: PEP), Target (NYSE: TGT), and McDonald's (NYSE: MCD) are all highly likely to earn that status. But there are more reasons to like these top-dividend stocks.
Source Fool.com
