When it comes to dividend growth stocks, there are few
better core holdings for one’s portfolio than the legendary dividend kings,
companies that have raised their dividend for 50+ straight years. Investors can
view all of the dividend kings here.
These are companies that have not just proven to have an
ability to steadily grow throughout any kind of economic, interest rate, and
political environment, but also have a very dividend-friendly corporate culture
that endures periodic management changes.
3M (MMM), with 58 consecutive years of rising dividends, is
one such dividend king, and we happen to hold the company in our Top 20
Dividend Stocks portfolio as well.
Let’s take a deep look at what makes up 3M’s secret sauce
and if this is the type of company that deserves to be a core holding in almost
any income growth portfolio.
Source: TalkMarkets
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