In a capitalistic society, opportunities to generate (mostly) passive income are all around us. Dividend growth investing is one of the most common and arguably effective ways to do so. The most effective type of dividend growth investing focuses on buying well-run businesses that provide customers with necessary products and also have room for further growth. Here are three businesses with countless consecutive years of dividend growth to their credit that are poised to extend their streaks...
These three companies each have decades of dividend growth under their belts: There are many businesses that most people don't know are pivotal to our standard of living. Supplying industrial gases such as nitrogen, carbon dioxide, and oxygen to over 200,000 customers around the world, Air Products & Chemicals (APD) is a leader in the industrial gases industry. Of all the services provided to individuals and businesses, some of the most important are electricity and natural gas. And with approximately 4.6 million retail electric and natural gas customers spread throughout Minnesota, Michigan, Illinois, and Wisconsin, WEC Energy Group (WEC) plays a key role in its industry. There are few guarantees in life. But nations spending on defense each year seems to be a given. Boasting a $25 billion backlog of projects as of June 30, L3Harris Technologies (LHX) is an established player in the defense contractor industry.
Source: Motley Fool
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Posted by D4L | Monday, September 11, 2023 | ArticleLinks | 0 comments »________________________________________________________________
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