2024-04-10 08:00:00 ET
It's comforting for investors to receive regular dividends. Payouts can provide a source of income that appeals to a variety of investors. But it's important to look beyond a stock's dividend yield . That's because a high yield may have been caused by a stock price drop due to a company running into difficulties, and the board of directors may cut the payout.
PepsiCo (NASDAQ: PEP) and Procter & Gamble (NYSE: PG) have increased dividends annually for more than half a century. This impressive feat makes them Dividend Kings . While this shows that they prioritize dividends, do they have the wherewithal to continue doing so? It's time to analyze each business to make that determination.
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