Buying Dividend Aristocrat stocks is a good idea. Buying shares of Emerson Electric, ExxonMobil, and Nucor at today's prices is even better.
When buying Dividend Aristocrats, you are buying the creme de la creme of stocks out there. These are companies that have been paying a dividend -- and growing that payment -- since 1991. A lot has happened since then, and some of these companies have held onto dividend increase streaks for even longer than that. It's hard to argue against buying Dividend Aristocrats because they have displayed a remarkable consistency for long periods of time. At the same time, though, that doesn't mean every one of them is a buy today. Buying a great company can be a less-than-great investment if you pay a hefty premium.
Looking across the landscape of Dividend Aristocrats, here are three that stand out as worth buying today: Emerson Electric (EMR), ExxonMobil (XOM), and Nucor (NUE). All three have generated fantastic returns for shareholders over the long run.
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