CDUAF - 3 High-Yield Dividend Kings That Are Too Cheap to Ignore
2023-05-30 06:15:00 ET
Investor optimism is back as several growth stocks that had an abysmal year in 2022 are making new 52-week highs. Yet many risk-averse investors may prefer to not chase the hype and instead focus on passive income plays.
Target (NYSE: TGT) , Stanley Black & Decker (NYSE: SWK) , and Canadian Utilities (OTC: CDUAF) are three Dividend Kings that have paid and raised their dividends for at least 50 consecutive years. Investing in equal parts of each stock produces a dividend yield of 4% and exposure to three different sectors of the economy. Here's what makes each reliable stock worth a look.
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3 High-Yield Dividend Kings That Are Too Cheap to Ignore