Finance
These stocks have generated good and steady income for a long time
If you are looking for that kind of buy-and-hold-forever kind of stock, look no further. These are some of the steadiest stocks.
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2022 is a very volatile year regarding stocks. With the effects of the pandemic still being felt around the world plus many important political events, predicting something is very hard.
So, in this article, we are going to be looking at some stocks that have been very stable over many years and might be a good option if you are the kind of person that needs some stability right now.
These are companies that stood the test of time and showed they know how to handle volatility more than once, sometimes.
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ExxonMobil
A contemporary version of Standard Oil founded by John D. Rockefeller is the biggest of the 50 Dividend Aristocrats and one of the biggest oil businesses in the world.
Exxon has been a dividend mainstay since 1882, increasing its distribution despite the recent drop in oil prices.
Its dividend payment has grown at an average yearly rate of 6.4% during the past years.
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AT&T
Dividend payments are linked with telecommunications stocks. Customers pay for service on a monthly basis, guaranteeing a consistent flow of funds to pay dividends.
For more than three decades, AT&T has increased its dividend each year. Additionally, it has one of the highest dividend yields in the S&P 500 as a whole.
Johnson & Johnson
Johnson & Johnson, which was established in 1886 and has been publicly traded since 1944, engages in a number of different areas of the healthcare sector.
It also manufactures over-the-counter consumer goods like Listerine and Band-Aids in addition to medications. Additionally, it produces surgical medical equipment.
It’s encouraging that J&J has increased its dividend every year for more than 50 years in a row.
Walmart Stores
The biggest retailer in the world isn’t giving up the race to Amazon.com despite the internet behemoth taking a bigger and bigger chunk of the retail market.
Walmart launched an onslaught in 2016 by shelling out more than $3 billion to buy upstart internet retailer Jet.com.
Walmart has launched free two-day shipping on more than 2 million items, taking another dig at Amazon.
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Since 1974, Walmart has boosted its dividend each year.
Coca Cola
Coca-Cola has a long history of satisfying consumer thirst, but it also works wonders for investors’ hunger for profit.
Since 1920, the corporation has paid a quarterly dividend, which has grown yearly for more than 50 years.
According to market data, the demand for carbonated drinks has been declining in the United States for more than a decade.
In order to maintain its revenue stream, Coca-Cola has responded by expanding its product line to include bottled water, fruit juices, and teas.
PepsiCo
Like Coke, Pepsi is struggling with a steady fall in beverage sales. It has responded by expanding the variety of non-carbonated drinks it provides.
There is still a sizable demand for salty snacks, so the fact that Pepsi also owns Frito-Lay is advantageous.
Since the company’s founding in 1965, Pepsi has continually increased its dividend.
McDonald’s
The biggest hamburger chain in the world is also a reliable payer of dividends. Although there is always a chance that consumer tastes could change, McDonald’s dividend has increased annually since 1976.
Fast-food competition is still fierce, but the business is attempting to maintain the momentum it earned when all-day breakfast was introduced in the United States and already exhibits signs of continuing to be important.
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