2024-02-21 06:45:00 ET
3M (NYSE: MMM) , American States Water Company (NYSE: AWR) , and Coca-Cola (NYSE: KO) may not have much in common as companies. But as investments, all three companies are Dividend Kings that have paid and raised their payouts for at least 60 years -- making them some of the longest-tenured members of the group.
However, all three stocks have also lost value over the last year, while the S&P 500 is up 22.7%. A single-digit dividend yield isn't going to be that appealing if a stock is underperforming by that many percentage points. Yet there are reasons to be optimistic about each company.
Here's why all three dividend stocks look like a good value for 2024 and beyond.
For further details see:
If You Like 3M Then You Will Love These 2 Dividend Kings