Lowe's, Coca-Cola, and Walmart: 3 'Dividend King' Stocks With Over 50 Years of Payout Growth
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Lowe's is a large home improvement retailer with a long history of increasing its dividend payouts to shareholders. Its dividend yield is close to 2%.
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Coca-Cola is a globally recognized brand with extensive distribution networks and pricing power. It has increased its dividend for over 60 straight years and currently yields around 3.3%.
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Walmart is America's largest private employer and top revenue-generating retailer. Its e-commerce and advertising segments are seeing strong growth. Walmart has raised its dividend for 51 straight years.
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All three companies - Lowe's, Coca-Cola, and Walmart - are considered "Dividend Kings", having consistently increased dividends for over 50 years. This makes them reliable long-term picks.
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While some may see Walmart's valuation as high, long-term investors can likely still benefit from holding shares given its leadership position and continued growth.