6 Dividend Kings of the Second Quarter
Why do income investors like dividends? They like to get paid. Why should any investor like dividends? It is one of the surest ways to signal financial strength.New companies often reinvest all of their profits to grow the company. Eventually the company reaches a stable point whereby it can afford to both reinvest an adequate portion of profits and pay out the significant leftovers. The longer a company is profitable, the longer it is able to not only pay out but also increase dividends. Let’s see if these six stocks have what it takes to be the dividend kings of the future.I actually used a 3M (MMM) product to write this article and I bet you have used it too: Post-It. But this Minnesota-based industrial goods company is more than sticky notes and clear tape. MMM is extremely diversified with products ranging from... Read more