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Thu, January 23, 2025

2 Dividend Growth Stocks You Can Count On for a Lifetime of Income


Published on 2025-01-23 06:21:07 - MSN
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  • Building wealth through dividend investing hinges on identifying companies that can sustain and grow their payouts over long periods. This strategy, known as dividend growth investing, offers investors a powerful combination of rising income streams and the potential for substantial capital appreciation over time.

The article from MSN Money discusses two dividend growth stocks, Procter & Gamble (P&G) and Johnson & Johnson (J&J), which are recommended for investors looking for reliable income over a lifetime. P&G, known for brands like Tide and Pampers, has a history of increasing dividends for over 60 years, showcasing its stability and commitment to shareholder returns. Despite a slight dip in stock price, P&G's diversified product portfolio and consistent performance make it a strong candidate for long-term investment. Johnson & Johnson, with its diversified operations in pharmaceuticals, medical devices, and consumer health, has also raised its dividends for 61 consecutive years. The company's strategic moves, like spinning off its consumer health business into Kenvue, aim to focus on higher growth areas, potentially enhancing future dividend growth. Both companies are highlighted for their robust business models, long-term dividend growth, and resilience in various economic conditions, making them ideal for investors seeking steady income.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/2-dividend-growth-stocks-you-can-count-on-for-a-lifetime-of-income/ar-AA1xItPA ]
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