Wealthy Living

6 Dividend Kings Stocks That You Should Add to Your Watchlist Right Now

One of the best strategies for compounding wealth is to purchase high-quality dividend stocks and reinvest income over time.

It makes it possible to accomplish the double compounding of reinvesting dividends in addition to the capital growth that strong dividend stocks often offer over time. Such an approach can go a long way to creating a strong portfolio.

Some of the best dividend stocks can outperform even during bearish markets. When implementing this strategy, however, it is crucial to find the best dividend stocks that can create lasting value.

The Dividend Kings are at the top of the rankings regarding dividend longevity.

Why Dividend Kings?

Dividend Kings are the top stocks in the world regarding dividend longevity and safety.

They are companies that have maintained dividend increases for at least 50 years and have survived threats from rival businesses, downturns, technological advancements, and more.

The Top 6 Dividend Kings

1. Stanley Black & Decker (NYSE: SWK)

Stanley Black & Decker is a global leader in hand tools, power tools, and related items. The company is at the top of the world in terms of tools and storage sales.

In terms of designed fastening and commercial electronic security, Stanley Black & Decker is ranked second in the globe.

2. 3M (NYSE: MMM)

3M sells more than 60,000 products to homes, hospitals, offices, and schools worldwide. Its approximately 95,000 personnel serve more than 200 nations.

Swipe up now to read the full post!