Top 3 Dividend King Stocks to Buy and Hold In August
Briefly

Dividend King stocks are characterized by their high yields, stability, and consistent dividend increases. These companies have raised dividends for 50 or more consecutive years. The current market dynamics suggest investors may shift towards dividend stocks due to anticipated interest rate cuts, which could make them more attractive relative to lower Treasury yields. Among these stocks, some companies, like those in the tobacco industry, have maintained profitability and pricing power despite industry shifts. Investors may consider purchasing these stocks ahead of September to maximize potential benefits from the changing interest rates.
These Dividend King stocks have some of the highest yields. The underlying companies are stable and profitable, and have raised dividends consistently.
Buying ahead of September also puts you ahead of interest rate cuts that the market has baked in. Lower interest rates will drive down Treasury yields, leading to more interest in stable dividend stocks.
Dividend Kings imply companies that have raised their dividends for 50+ consecutive years. There are only 54 such stocks.
This company sells tobacco products, and its cigarettes have a more premium reputation, which gives it more pricing power.
Read at 24/7 Wall St.
[
|
]