5 Dividend Growth Stocks That Can Provide a Lifetime of Passive Income – Equitymaster

Looking for reliable sources of passive income? Consider investing in dividend growth stocks. These stocks not only offer regular payouts but also have a history of increasing dividends over time. Here are five dividend growth stocks that can potentially provide a lifetime of passive income:

1. Johnson & Johnson (JNJ): Johnson & Johnson is a well-known healthcare company that has a strong track record of increasing its dividends. With a diversified product portfolio and a solid financial position, JNJ is a stable choice for long-term investors looking for steady income.

2. Procter & Gamble (PG): Procter & Gamble is a consumer goods giant that has been paying dividends for over a century. The company’s strong brand portfolio and global presence make it a reliable choice for investors seeking steady dividend growth.

3. Microsoft Corporation (MSFT): Microsoft is a tech company that has transformed itself into a dividend powerhouse in recent years. With a strong balance sheet and a growing cloud computing business, MSFT is well-positioned to continue increasing its dividends in the future.

4. Coca-Cola Company (KO): Coca-Cola is a beverage giant that has paid dividends for over a century. The company’s strong brand recognition and global distribution network make it a reliable choice for investors seeking passive income.

5. Visa Inc. (V): Visa is a payments technology company that has consistently increased its dividends since going public. With the shift towards digital payments, Visa is well-positioned to continue growing its dividends for years to come.

By investing in these dividend growth stocks, investors can potentially build a portfolio that provides a steady stream of passive income for a lifetime. It is important to conduct thorough research and consider your financial goals before making any investment decisions.