In a volatile market, finding stable dividend growth stocks can provide investors with a sense of security. Here are three dividend growth stocks worth considering.
1. Procter & Gamble (PG): Procter & Gamble is a well-known consumer goods company that has a long history of paying dividends. With a solid track record of increasing dividends each year, PG is a reliable choice for income investors. The company’s strong brand portfolio and global presence make it a solid long-term investment.
2. Johnson & Johnson (JNJ): Johnson & Johnson is a diversified healthcare company that has consistently raised its dividends for over 50 years. With a strong pipeline of innovative products and a solid balance sheet, JNJ is well-positioned for future growth. The company’s diverse revenue streams and strong cash flow make it a reliable dividend growth stock.
3. Microsoft (MSFT): Microsoft is a technology giant that has emerged as a leader in the software and cloud computing industries. The company has been steadily increasing its dividends over the years, making it an attractive choice for investors seeking both growth and income. With a solid balance sheet and strong competitive position, MSFT is a top dividend growth stock to consider.
In a tricky market environment, investing in dividend growth stocks like Procter & Gamble, Johnson & Johnson, and Microsoft can provide investors with stability and potential for long-term growth. These companies have a proven track record of increasing dividends and are well-positioned to weather market volatility.