Quick Read – Dividend Kings are 57 companies that have raised dividends for 50 or more consecutive years, and they survived Black Monday’s 22% single-day Dow crash and every major market meltdown since. – Warren Buffett holds 400 million shares of $KO, while $KMB offers a 4.60%…
eld after raising dividends for 53 consecutive years. – Colgate-Palmolive has paid dividends since 1895, and Procter & Gamble has raised its dividend for 70 straight years. Both companies carry Wall Street Buy ratings. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and P&G didn’t make the cut
Grab the names FREE today. Black Monday was on Monday, October 19, 1987, almost 40 years ago, and market veterans and long-time investors usually mention one important item: nobody really saw it coming or expected it. When the smoke cleared on the close that day, the Dow Jones Industrial Average dropped a stunning 22%.
A similar sell-off today would be an incredible 11,562 points. The major difference between then and now is how much has changed in the financial world and investing over the past 40 years, and investors should be much better prepared for a crash or major sell-off. One of the best ways to stay prepared for a market downturn is to have Dividend Kings in your portfolio.