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5 Dividend Aristocrats That Might be a Great Addition to Your Portfolio

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Consistent dividend paying companies, known as Dividend Aristocrats, are relatively uncommon and typically have stable businesses.

They often produce recession-proof goods, enabling them to continue making profits and paying dividends even when other companies struggle.

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They’ve proven themselves to pay dividend irrespective of market conditions, even during bearish markets.

What are Dividend Aristocrats?

Dividend Aristocrats are firms with a track record of increasing shareholder payouts for at least 25 consecutive years. They should be distinguished from Dividend Kings which have a 50 year track record.

Most Aristocrats are large-cap blue-chip companies with long histories of profitability and growth, consistent earnings, and strong balance sheets. 

Top 5 Dividend Aristocrats

1) McDonald’s (NYSE: MCD)

The traditional American burger establishment has effectively managed to weather the pandemic and the global movement toward healthier dining options.

2) Johnson and Johnson (NYSE: JNJ)

 Johnson & Johnson is well-diversified across three sectors, and none of them—pharma, medical technology, and consumer staples—perform particularly poorly under any given set of circumstances.

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