6 Dividend Growth Stocks That Can Provide a Lifetime of Passive Income – The Motley Fool

By DailyBubble On Aug 31, 2024 16 0

Looking for stocks that can provide you with a steady stream of passive income for life? Here are six dividend growth stocks to consider.

1. Johnson & Johnson (NYSE: JNJ) – This healthcare giant has a long history of increasing its dividend annually, making it a reliable choice for passive income investors.

2. Procter & Gamble (NYSE: PG) – With a strong portfolio of consumer goods brands, Procter & Gamble is a solid option for those looking for consistent dividend growth.

3. Coca-Cola (NYSE: KO) – Coca-Cola has been paying dividends for over a century and has a track record of increasing its payouts, making it a great choice for long-term passive income.

4. Microsoft (NASDAQ: MSFT) – As a leader in the technology sector, Microsoft offers investors both dividend growth and capital appreciation potential.

5. Visa (NYSE: V) – Visa is a dominant player in the payments industry and has been consistently increasing its dividends, making it a reliable source of passive income.

6. Home Depot (NYSE: HD) – With a strong presence in the home improvement sector, Home Depot is a solid choice for investors seeking dividend growth and stability.

These dividend growth stocks have the potential to provide you with a lifetime of passive income, making them worth considering for your investment portfolio.