For starters, they generate income, which is obviously welcome in retirement, but it can also be welcome when you're younger, as dividend dollars can be reinvested in additional shares of stock, building your nest egg.
It's really important to look how many cash you get back from your investment in the future. Recently I wrote about dividend growth and the benefit of long-term dividend growth investing. I summarized all Dividend Kings in a list.
Today I would show you those stocks that are close to Dividend Kings and should become a full hero in five years or so.
I call the selection the next 20. Each of the stocks has grown dividends over at least 44 years without an interruption.
Here are the results...
The Next 20 Dividend Kings (click to enlarge) |