Investors love dividend stocks because they allow you can generate cash flow from your investments without having to sell a single share. They pay you every month or quarter, just for hanging on to the stock. It's a great deal -- except when it's not. Dividends are not guaranteed, and investors learned that the hard way during the pandemic, as many stocks slashed their dividend payments amid the challenging economic conditions.
But there are still safe dividend stocks out there. Dividend Aristocrats are income-generating stocks that have not just paid but increased their dividend payments for at least 25 years in a row. Their businesses are stable, and that gives them the ability to continue to steadily increase their payouts. What's even better is that there are some excellent growing-dividend stocks that are cheap buys today, including Cardinal Health (NYSE: CAH) , Johnson & Johnson (NYSE: JNJ) , and Kimberly Clark (NYSE: KMB) .
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For further details see:
3 Cheap Dividend Aristocrats to Buy Right Now