When it comes to seeking out stocks that can provide a steady and growing source of income, you might want to consider a group known as the "dividend aristocrats." These stocks are members of the S&P 500 Index ($SPX) that have a track record of not just paying dividends, but increasing those dividends annually for a whopping 25 years in a row.
Of course, healthy dividend payments don't always correspond with big share price returns. So far in 2023, these titans of passive income - as tracked by the Dividend Aristocrats ETF (NOBL) - have gained only about 4% as a group, compared to a 16% rise for the broader S&P 500 Index ($SPX). That's why today, we're highlighting three dividend aristocrats that have plenty of upside potential from current levels, according to analysts - offering a compelling complement to their regularly shareholder payouts.
