Are you looking to build a lifetime of passive income through dividend stocks? Here are two solid options to consider.
1. Procter & Gamble (NYSE: PG)
Procter & Gamble is a well-known consumer goods company that has been paying dividends for over a century. With a diverse portfolio of brands such as Tide, Pampers, and Gillette, Procter & Gamble has a strong track record of generating consistent earnings and cash flow. This has allowed the company to consistently increase its dividend payout for over 60 years, making it a reliable choice for long-term investors seeking passive income.
2. Johnson & Johnson (NYSE: JNJ)
Johnson & Johnson is a global healthcare company that has a long history of dividend payments dating back to 1944. The company’s diversified business segments, including pharmaceuticals, medical devices, and consumer health products, provide a stable source of revenue. Johnson & Johnson has a strong balance sheet and a solid track record of increasing its dividend payout for over 50 years. This makes it a great option for investors looking to build a portfolio of dividend stocks for a lifetime of passive income.
Both Procter & Gamble and Johnson & Johnson are established companies with a proven track record of generating consistent earnings and increasing dividend payouts. Consider adding these dividend stocks to your portfolio for a reliable source of passive income over the long term.