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.
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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.
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.