Long Live the Dividend Kings: 3 Top Picks to Build an Income Portfolio

InvestorPlace03-28

There’s no better base for an income portfolio than the dividend king stocks. Coca-Cola (KO): 61 straight years of dividend increases will not end anytime soon. Altria (MO): Altria’s high-yield ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2422150575?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-03-28 18:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2422150575","market":"us","top_or_hot":-1,"title":"Long Live the Dividend Kings: 3 Top Picks to Build an Income Portfolio","media":"InvestorPlace","content":"<div>\n<p>There’s no better base for an income portfolio than the dividend king stocks.\n\n\nCoca-Cola (KO): 61 straight years of dividend increases will not end anytime soon.\n\n\nAltria (MO): Altria’s high-yield ...</p>\n\n<a href=\"https://investorplace.com/2024/03/long-live-the-dividend-kings-3-top-picks-to-build-an-income-portfolio/\">Source Link</a>\n\n</div>\n","source":"investorplace_stock_picks","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Long Live the Dividend Kings: 3 Top Picks to Build an Income Portfolio</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLong Live the Dividend Kings: 3 Top Picks to Build an Income Portfolio\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-28 18:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/03/long-live-the-dividend-kings-3-top-picks-to-build-an-income-portfolio/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There’s no better base for an income portfolio than the dividend king stocks.\n\n\nCoca-Cola (KO): 61 straight years of dividend increases will not end anytime soon.\n\n\nAltria (MO): Altria’s high-yield ...</p>\n\n<a href=\"https://investorplace.com/2024/03/long-live-the-dividend-kings-3-top-picks-to-build-an-income-portfolio/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE0009355771.USD","symbol_name":"骏利亨德森环球生命科技A Acc","start_time":0,"source_url":"https://investorplace.com/2024/03/long-live-the-dividend-kings-3-top-picks-to-build-an-income-portfolio/","article_id":"2422150575","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2422150575","pubTimestamp":1711620000,"sourceInfo":{"source_id":"investorplace_stock_picks","name":"InvestorPlace stock picks"},"weMediaInfo":null,"summary":"There’s no better base for an income portfolio than the dividend king stocks.Coca-Cola : 61 straight years of dividend increases will not end anytime soon.Altria : Altria’s high-yield dividend is actually getting stronger.AbbVie : AbbVie is on the other side of a long battle that it has won.Whether an investor seeks steady income or long-term growth, the dividend king stocks are a great option. Dividend bearing companies are generally stable, well-established and consistently profitable. All of those qualities are required in order to generate enough cash to pay increasing dividends to investors.These dividend kings stocks are the elite of the elite in that regard: They’ve paid increasing dividends for 50 consecutive years.Investors can depend on these firms to continue to pay dividends well into the future. That dividend income can be used as any other income, or reinvested to create compounding long-term gains. It’s that sort of win-win situation that continues to make the most relia","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE0009355771.USD":"骏利亨德森环球生命科技A Acc","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","IE00B2B36J28.USD":"JANUS HENDERSON GLOBAL LIFE SCIENCES \"I1\" (USD) INC","KO":"可口可乐","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","LU0234572021.USD":"高盛美国核心股票组合Acc","SG9999002232.USD":"Allianz Global High Payout USD","LU1670711123.USD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (USD) INC","SG9999002224.SGD":"Allianz Global High Payout SGD","LU2279689827.SGD":"JPMorgan Investment Funds - Global Income Sustainable A (mth) SGD-H","BK4158":"啤酒酿造商","BK4585":"ETF&股票定投概念","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU0795875086.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD","BK4139":"生物科技","LU1430594728.SGD":"Eastspring Investments - Global Low Volatility Equity AS SGD","SG9999014567.USD":"UOB UNITED INCOME FOCUS TRUST FUND (USD) ACC","LU1670711040.USD":"M&G (LUX) GLOBAL DIVIDEND \"A\" (USD) ACC","LU0949170772.SGD":"Blackrock Global Equity Income A6 SGD-H","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1291159041.SGD":"CPR Invest - Global Silver Age A2 Acc SGD-H","BGSX":"Build Acquisition Corp","SG9999015358.SGD":"United Income Focus Trust Dis SGD-H","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","BK4588":"碎股","LU0738911758.USD":"Blackrock Global Equity Income A6 USD","LU2133065610.SGD":"JPMorgan Investment Funds - Global Dividend A (mth) SGD","IE00BFTCPJ56.SGD":"Janus Henderson Global Life Sciences A Acc SGD","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","BUD":"百威英博","MO":"奥驰亚","BK4581":"高盛持仓","BK4504":"桥水持仓","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","ABBV":"艾伯维公司","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC"},"translate_title":"股息大王万岁：构建收益投资组合的3个最佳选择","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BGSX":1,"KO":1,"BUD":1,"MO":1,"ABBV":1},"content_text":"There’s no better base for an income portfolio than the dividend king stocks.\n\n\nCoca-Cola (KO): 61 straight years of dividend increases will not end anytime soon.\n\n\nAltria (MO): Altria’s high-yield dividend is actually getting stronger.\n\n\nAbbVie (ABBV): AbbVie is on the other side of a long battle that it has won.\n\n\n\n\n\n \n\nSource: Shutterstock\n\n\n\nWhether an investor seeks steady income or long-term growth, the dividend king stocks are a great option. Dividend bearing companies are generally stable, well-established and consistently profitable. All of those qualities are required in order to generate enough cash to pay increasing dividends to investors.\nThese dividend kings stocks are the elite of the elite in that regard: They’ve paid increasing dividends for 50 consecutive years.\nInvestors can depend on these firms to continue to pay dividends well into the future. That dividend income can be used as any other income, or reinvested to create compounding long-term gains. It’s that sort of win-win situation that continues to make the most reliable dividend king stocks so attractive.\nThe three shares discussed below would serve as an excellent base for any investor’s income portfolio.\nCoca-Cola (KO)\nSource: Fotazdymak / Shutterstock.comIn the investment world there are a few things as reliable as Coca-Cola (NYSE:KO) and its stock. Part of its reliability stems from the fact that it is very predictable. Its shares have a beta of 0.59, meaning that they move 59% as quickly as the broader market. When things start to go wrong, it’s much easier to judge where KO shares are going, lending it predictability.\nThe other part of its reliability is evident in the fact that the company last reduced its dividend 61 years ago. Potential investors can expect to receive an additional 3% as dividends moving forward. With a big enough position that equates to substantial income. it’s best used to reinvest in more KO stock but wouldn’t make a bad income source either. \nCoca-Cola is currently relying on price increases to grow its top line in the high single digits. Cash flows are also growing quickly, meaning that the company is in no danger of reducing its rock solid dividend anytime soon. \nAltria (MO)\nSource: Kristi Blokhin / Shutterstock.comAltria (NYSE:MO) is the antithesis of Coca-Cola in some sense. I say that because many would look at its stock and judge it as the more risky dividend king of the two, simply based on its dividend yield.\nThe tobacco giant’s dividend currently yields 8.75% to investors. That’s outside of the range that most investors would consider as being healthy. Yet, Altria last reduced that dividend in 1970. It’s only as high as it is because the cigarettes that underpin the company’s business are waning in demand. That has brought share prices down over the past 6 to 7 years increasing the dividend yield in the process.\nMany investors would look at that fact and assume that Altria is due to reduce its dividends sometime soon. I don’t believe that is the case based on recent information. In fact, investors should understand that Altria is going to boost its dividend program. The company recently sold $2.4 billion worth of Anheuser Inbev (NYSE:BUD) stock to repurchase some of its own stock.\nAbbVie (ABBV)\nSource: Piotr Swat / Shutterstock.comThe narrative concerning AbbVie (NYSE:ABBV) stock has long been about how the company will navigate the decline of Humira as it comes off patent.\nIt has recently become clear that AbbVie has emerged successfully from that battle. Consider that Humira’s best ever annual sales peaked at $21 billion. Skyrizi and Rinvoq — intended to replace its sales — should bring in $16 billion this year. Those two drugs are expected to account for $27 billion in sales by 2027. \nThe company’s ability to successfully navigate that pivot makes its already dependable dividend that much more so. AbbVie has successfully passed a hurdle that has plagued the company for the last decade. The company’s dividend is not at risk anymore and currently yields 3.5% to its shareholders.\nFurther, the company grew that dividend by 10% over the past 5 years during a particularly tumultuous period due to Humira’s transition off patent. That makes it worth buying overall. \nOn the date of publication, Alex Sirois did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.\nAlex Sirois is a freelance contributor to InvestorPlace whose personal stock investing style is focused on long-term, buy-and-hold, wealth-building stock picks. Having worked in several industries from e-commerce to translation to education and utilizing his MBA from George Washington University, he brings a diverse set of skills through which he filters his writing.Consumer DiscretionaryDividend Stocks\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/2024/03/long-live-the-dividend-kings-3-top-picks-to-build-an-income-portfolio/.\n©2024 InvestorPlace Media, LLC","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2422150575"}