Want Reliable Income? These 5 Stocks Have Raised Their Dividend Over the Last 4 Recessions.
From Nasdaq: 2024-11-09 18:12:00
Investing in dividend-paying companies can lead to long-term wealth growth, with annual returns of 9.17% over 50 years compared to 4.27% for non-dividend payers. Companies that raise dividends perform even better, with an annual return of 10.2% and lower volatility. S&P Global, a credit-rating market leader, has increased its dividend for 52 consecutive years. Cincinnati Financial, an insurer, has raised dividends for 64 years. Automatic Data Processing manages HR services for over 1.1 million clients and has raised dividends for 50 years. Chevron and ExxonMobil offer reliable dividends in the oil and gas sector with 37 and 42 years of consecutive dividend increases, respectively.
Read more at Nasdaq: Want Reliable Income? These 5 Stocks Have Raised Their Dividend Over the Last 4 Recessions.