Dividends will always appeal to income investors and others who take a more conservative approach to the markets. Those payouts, especially when a company is able to increase them every year, serve as an enduring sign of the business's stability.
Moreover, bank accounts rarely pay more than 1% interest, well below the 1.3% average yield of the S&P 500 . This situation only adds to the appeal of high-yielding dividend stocks with a history of payout growth.
If you're looking for stable businesses with long payout track records that appear set to continue, consider Chevron (NYSE: CVX) , Innovative Industrial Properties (IIP) (NYSE: IIPR) , and STORE Capital (NYSE: STOR) .
For further details see:
3 Dividend Stocks You Can Safely Hold for Decades