Here are seven companies that have increased dividends for more than 30 consecutive years for your consideration:
- McDonald’s (MCD) - 32 Years - Yield: 3.61%
- Wal-Mart Stores Inc. (WMT) - 35 Years - Yield: 2.08%
- PepsiCo Inc. (PEP) - 36 Years - Yield: 3.25%
- Sysco Corp. (SYY) - 38 Years - Yield: 4.30%
- Johnson & Johnson (JNJ) - 47 Years - Yield: 3.58%
- 3M Company (MMM) - 51 Years - Yield: 4.02%
- Procter & Gamble Co. (PG) - 52 Years - Yield: 3.29%
Each of the above companies has a proven business model that has not only got them though the good times, but more importantly seen them through tough economic times. Sure, some companies that have been cornerstones for decades may slip, that’s part of investing, but there are always great companies ready to step in and fill the void.
I am long all these stocks.
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