With over 50 years of straight dividend increases, Dividend Kings are some of the most sought-after stocks for income investors. I’m even willing to bet that any balanced portfolio will likely include one or a handful of these top-shelf stocks due to their steady income generation and reliable dividend payouts.
However, that kind of fame comes with a price. In this case, Dividend Kings are usually fairly or even slightly overvalued due to their mature company status, reliable revenue streams, and shareholder-friendly policies. So, it may be tough to find Dividend Kings that are “cheap” today.
