With the possibility that the fourth quarter’s economic results might disappoint given the stellar print of Q3, investors may want to consider dividend aristocrats. If you’re looking for some of the best dividend stocks for income, you can’t go wrong with this label. It refers to S&P 500 companies that have increased their payouts to shareholders for at least 25 years.
Fundamentally, the major benefit of dividend aristocrats centers on incentivized performance. No one wants to lead the team that gave up on a run that has gone on for almost three decades. Therefore, a clear motivation exists to keep the passive income going, irrespective of outside pressures.
To be sure, every asset category faces risks. Still, if you’re worried about tomorrow, these dividend aristocrats should help you rest easy.
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