PG - 3 Passive Income Powerhouses With 30-Plus Years of Dividend Raises
2023-10-24 06:45:00 ET
When thinking about dividend stocks that you can count on no matter the market cycle, a top factor worth considering is track record. Companies that have paid and raised their dividends for at least 30 years have done so during a period that includes the dot-com bust of the early 2000s, the financial crisis, and then several steep sell-offs, including late 2018, 2020, and then the 2022 sell-off. These challenges are hard enough in hindsight. But navigating them in real time is a far taller task.
Emerson Electric (NYSE: EMR) , Procter & Gamble (NYSE: PG) , and Chevron (NYSE: CVX) are three industry-leading dividend stocks that have done a phenomenal job executing their goals despite headwinds. Here's why all three companies have what it takes to continue rewarding shareholders for decades to come.
Image source: Getty Images.
For further details see:
3 Passive Income Powerhouses With 30-Plus Years of Dividend Raises