SHW - 5 Top Dividend Aristocrats to Buy and Hold Forever
Dividend Aristocrats sometimes fall into the boring and overlooked category of companies because they consistently make money and return a share of it to their investors. But even boring companies can provide something every well-diversified investment portfolio needs -- reliable income.
To qualify for inclusion in the very select Dividend Aristocrat club, a company must be in the S&P 500, pay a dividend, and raise its yearly base dividend rate for at least 25 consecutive years. That's no easy feat, and it got even harder this year with the coronavirus-induced recession. Once you find a good Dividend Aristocrat for your portfolio, it's likely you'll want to keep it there for years.
Here are five companies in the Dividend Aristocrat club that are worthy of consideration for your portfolio.