Friday, October 27, 2023

2 Magnificent Dividend Kings to Buy Now

A look at the list of Dividend Kings is the perfect place to start because these players have track records of at least 50 years of dividend growth. This shows that rewarding shareholders is important to these companies, so it's likely they'll stick with their strategy. Let's take a look at two magnificent Dividend Kings that make great buys right now -- and could reward you with growing passive income over time.

Coca-Cola (KO) has delighted customers with its beverages for decades. It's also delighted investors with its earnings and dividend growth. The world's biggest non-alcoholic beverage company sells its eponymous drink -- along with a wide variety of popular juice, water, and coffee and tea brands -- in more than 200 countries. You may know Johnson & Johnson (JNJ) well for its consumer health products like Band-Aid brand bandages or Aveeno lotion -- but those items no longer are part of J&J. The company recently spun off the consumer health unit into a separate entity called Kenvue.

Source: Motley Fool

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