Looking to secure a lifetime of passive income? Consider investing in dividend growth stocks. These types of stocks not only provide regular income through dividends but also have the potential for their dividends to increase over time. Here are three dividend growth stocks that could potentially deliver a steady stream of passive income for years to come.
1. Johnson & Johnson (JNJ): Johnson & Johnson is a well-known healthcare company that has a long track record of increasing its dividends. With a diversified portfolio of products and a strong financial position, Johnson & Johnson is a reliable choice for investors seeking passive income.
2. Procter & Gamble (PG): Procter & Gamble is a consumer goods company that has consistently raised its dividends for over 60 years. With a wide range of popular brands and a global presence, Procter & Gamble is a solid option for those looking for reliable income from their investments.
3. Coca-Cola (KO): Coca-Cola is a beverage giant that has paid dividends for over a century. The company’s strong brand recognition and global reach make it a dependable choice for investors seeking passive income through dividends.
By investing in dividend growth stocks like Johnson & Johnson, Procter & Gamble, and Coca-Cola, investors can potentially build a portfolio that generates a lifetime of passive income. It’s important to research and monitor these companies to ensure they continue to grow their dividends over time.