These high-quality dividend stocks provide safe income and look attractively priced for income investors
Dividend aristocrats are companies in the S&P 500 Index that have increased their payouts for at least 25 consecutive years, and these are awfully special companies. Only about 10% of companies in the S&P 500 have accomplished this feat.
But there’s a particularly noteworthy group of five stocks on this list that have grown their dividends for at least 25 consecutive years and, when combined, offer average dividend yields from 3%-plus to 5%.
In other words, you’re not just getting the stability of dividend aristocrats — but you’re also getting very competitive yields at current prices.
You don’t really have to sell the merits of owning these kinds of dividend stocks. But in addition to the attraction of big, dependable yields, you also know that companies that have managed to increase dividends for at least 25 straight years typically possess numerous competitive advantages and have demonstrated a strong commitment to shareholders.
And that means there’s a good chance that you’ll be collecting some
Let’s take a closer look at five of these high-yield dividend aristocrats, which are ADM, EMR, ABBV, T and ED
Source: InvestorPlace