Many of the stocks with the longest histories of paying and raising their dividends over many years come from the consumer staples sector. Because of their popular products, high degree of earnings predictability and dividend growth, consumer staples are very popular among income investors.
The following three consumer staples stocks hold very long track records of consistent dividend payments without interruption. Even better, all three recently raised their dividends once again.
Their defensive nature and stable earnings power allows them to pay – and even raise – their dividends with regularity. These are the kinds of slow-and-steady stocks that make their shareholders rich over many years of reliable dividends.
Let's look closer those Giants: Kimberly-Clark Corp. (NYSE: KMB), Colgate-Palmolive Co. (NYSE: CL), General Mills Inc. (NYSE: GIS)
Source: ETF Daily News
