Investing in dividend-paying stocks has proven rewarding to shareholders. However, being successful involves more than picking stocks with the highest dividend yields because the dividends may not be sustainable. Therefore, it’s crucial to choose companies that can continue paying.
The three companies below have higher yields than the S&P 500’s 1.3%, along with the ability to not only maintain their payouts, but also continue raising them. Each has increased dividends annually for more than 50 years, making them Dividend Kings. Hence, it’s clearly important to them to reward shareholders with dividends.
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1. Coca-Cola
Coca-Cola (KO 1.18%) is known around the globe for its soda products. These popular brands include Coca-Cola and Sprite, but the company also sells other products like water and juice.
While…
