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Barchart
Barchart
Rick Orford

This Dividend King Yields 6.4% and Wall Street Still Says ‘Buy.’ Should You?

How many times have we seen it? A dividend stock that offers a high yield at first, but over time, weak earnings or large debts can force companies to reduce or even suspend their dividends.With that in mind, it’s important to look beyond dividend yield and consider the company’s ability to consistently pay and even grow dividends. That’s where companies from the Dividend Kings list come in. Dividend Kings are stocks that have paid and increased their dividends for at least the last 50 consecutive years. The result? A more established record that can go a long way toward supporting a stable, passive income.Today, I’ll be covering the top-yielding Dividend King and why Wall Street analysts are still positive on it.

How I identified the highest-yielding Dividend King

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