Part 5/8:
Invest in strong dividend payers, often labeled as "dividend aristocrats," which have a history of increasing payouts for at least 25 consecutive years. Notable examples are:
Johnson and Johnson (yield: 3.4%)
Procter & Gamble (yield: 2.4%)
Coca-Cola (yield: 3.11%)
AT&T (yield: 4.58%)
These companies are recognized for their stability and reliability in paying dividends consistently.
Utilizing Resources and Tools
Finding information about dividend stocks is easier than ever. A quick Google search of the company name combined with "share price" will yield insights, including historical performance and current dividend yields.