How to live off dividends entirely: Top stocks that hiked payouts for 60 straight years

  • 📰 OttawaCitizen
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 68%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Dependable passive income is real. You just have to know where to look

Coca-Cola is a classic example of a recession-resistant business. Whether the economy is booming or struggling, a can of Coke is affordable for most people.

More impressively, Coca-Cola has increased its dividend for 60 consecutive years. The stock currently yields 2.8 per cent. Many of the company’s consumer health brands — such as Tylenol, Band-Aid, and Listerine — are household names. In total, JNJ has 29 products each capable of generating over $1 billion USD in annual sales.

That streak is a testament to its entrenched position in the consumer staples market. P&G has a portfolio of trusted brands like Bounty paper towels, Crest toothpaste, Gillette razor blades and Tide detergent. Jefferies analyst Kevin Grundy has a ‘buy’ rating on Procter & Gamble and recently raised his price target from $149 to $164 USD . That implies a potential upside of 12 per cent.Stocks can be volatile, cryptos make big swings to either side, and even gold is not immune to the market’s ups and downs.

And it’s becoming a popular way to diversify because it’s a real physical asset with little correlation to the stock market.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 21. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How to live off dividends entirely: Top stocks that hiked payouts for 60 straight yearsHere are 3 top stocks that have hiked their payouts for at least 60 straight years How to be a worthless parasite in a nice clear article. How nice of you. You don’t want to live off dividends because the shares are NEVER SECURE
Source: nationalpost - 🏆 10. / 80 Read more »

How to live off dividends entirely: Top stocks that hiked payouts for 60 straight yearsHere are 3 top stocks that have hiked their payouts for at least 60 straight years The top line says live entirely from dependable passive dividend income. The bottom line says invest in fine art, like Bill Gates does. There is zero dependable passive income from fine art. Talk about really bad financial advice that makes no sense.
Source: calgaryherald - 🏆 64. / 52 Read more »

How to live off dividends entirely: Top stocks that hiked payouts for 60 straight yearsHere are 3 top stocks that have hiked their payouts for at least 60 straight years
Source: financialpost - 🏆 7. / 85 Read more »

Why Canada’s top wealth advisor is avoiding banks and consumer stocks in 2023David LePoidevin says commodities and some industrials, such as auto parts manufacturers and engineering firms, are a better bet Can you run some articles on growing wheat in window boxes or raising indoor chickens? This shit is seriously out of touch.
Source: globeandmail - 🏆 5. / 92 Read more »