It’s not easy for companies to reach Dividend King status: they need to pay increasing dividends for 50 years. To get there, however, the company would have to survive the tumultuous global economy changes, survive numerous recessions, change with the times regarding consumer requirements, increase its cash flow sources, expand its market, and keep increasing dividends.
Even after that, not all Dividend Kings were created equal. Some pay exorbitant dividends that eventually outstrip their income, leading to cuts and inevitable sell-offs. However, some Dividend Kings offer above-average dividends while maintaining a healthy balance sheet. So, today, we’ll look at three of the highest-yielding, buy-rated Dividend Kings.
