Who doesn’t like stocks with dividends? As investors, we love companies that generate consistent and above-average returns for us over the long term. When we’re talking about dividend stocks to own, aristocrats are some of the best businesses on earth. A dividend aristocrat is a stock described as raising its dividend for 25 consecutive years.
Keep in mind, that’s not only paying the dividend for the last quarter century, but raising that payout each year during that period. Income-oriented investors are looking for two things: dependability and yield.
While it’s nice to have an above-average yield, reliability of that yield is often more important for investors. InvestorPlace – Stock Market News, Stock Advice & Trading Tips
The best part about these types of dividend stocks is that the companies tend to be quite good as well. Any sort of investor can benefit from the long-term exposure to this group, simply because they are high-quality holdings. Income investors may consider over-allocating toward these types of stocks, while growth investors may consider diversifying with them.
7 Growth Stocks You Don’t Want to Sleep On
Let’s look at seven dividend stocks to own now:
Realty Income (NYSE:O)
Federal Realty (NYSE:FRT)
Johnson & Johnson (NYSE:JNJ)
Dividend Stocks to Own: Walmart (WMT)
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I want to kick off this list of dividend stocks to own with Walmart. The retailer has proven a number of things to investors over the years and in 2020, least of which is its commitment to the dividend.
Walmart has not only paid but has raised its dividend for 46 consecutive years. However, it’s the strides that Walmart is taking outside of the dividend that have my attention.
For instance, business continues to hum along whether the country or the world is in a recession. Whether that’s the great financial crisis in 2008 or a pandemic-induced recession. In the latter, it’s clear that regulators consider Walmart an essential operation, which is also important from an investment perspective.
The efforts the company has made to increase its online and omni-channel presence also shouldn’t be ignored. Walmart is essentially solidifying its importance in retail for decades to come.
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The biggest issue with Clorox? Its growth and valuation. Obviously a pandemic is going to dial up demand for Clorox’s products. However, when that growth dies down, will the stock — which is up 32.5% in the past year — go down with it?
To an extent, it already has.
Clorox stock peaked near $239 on Aug. 5 and has struggled since, down 15.5%. Shares are about flat for the month of December, but should it…
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