All the listed dividend growth stocks have paid and raised their dividend annually for at least 10 years. They are established companies with businesses that have been through terrible market turmoil and have come out stronger.
These stocks can be the foundation of a great dividend portfolio that will get investors through decades of consistent and focused investing that will return capital appreciation and dividend growth.
Investors would be diversified in 5 sectors of the economy. They would be invested in companies that take their dividend payouts seriously and would likely continue to pay and raise their dividends far into the future.
1) Johnson & Johnson is a healthcare company that was founded in 1885. It was been paying and raising its dividend annually for over 54 years. In a stock market with thousands of stocks, there are only a handful that have a longer streak.
2) 3M is one of the most diversified healthcare, technology, and industrial companies in the world founded in 1902. It has been paying and raising its dividend for 59 years.
3) Coca-Cola was founded in 1886 and sells and distributes non-alcoholic drinks around the world. Dividend streak – 55 years.
4) Procter & Gamble was founded in 1837 and sells beauty, grooming, cleaning, and child care products around the world. Dividend streak – 61 years.
5) McDonald’s was founded in 1940 and has over 35,000 restaurants around the world. Dividend streak – 42 years.
6) Medtronics was founded in 1949 and is in the healthcare sector. The company sells medical devices and has a dividend streak of 29 years.
7) Pepsico was founded in 1898 and sells drinks, food, and snacks around the world. Dividend streak – 29 years.
8) Qualcomm was founded in 1985 and designs, develops, manufactures, and markets digital communication products worldwide. Dividend streak – 13 years.
9) Southern Company was founded in 1945 engages in the generation, transmission, and distribution of electricity. Dividend streak – 17 years.
10) Microsoft was founded in 1975 and develops, licenses, and supports software, services, devices, and solutions worldwide. Dividend streak 15 years
I'm working my way into owning all ten of these companies. I am in my late 40’s. I plan to have all of them in my portfolio over the next 3-5 years. I hold 13 companies right now and have 25%ish of my portfolio in an S&P 500 fund. I hold 10-15% in cash to add to my current shares or buy new positions when I believe valuations are right.
I want to have a dividend portfolio of approximately 25 stocks by the time I hit 55 years of age.
If I had begun my investing education in my 20’s I would be sitting very well. I did not begin taking investing seriously until my mid 30’s.
What other stocks would you call "must have" stocks.
Submitted January 05, 2020 at 08:48PM by CrushingInvesting https://ift.tt/37AyTmr
