Looking to Build a Passive Income Snowball? Invest in These 7 Top Dividend Growth Stocks
If you’re looking to grow your passive income, investing in dividend growth stocks can be a smart move. These stocks offer a steady stream of income through regular dividend payments, and many companies also increase their dividends over time, helping you grow your income even further. Here are 7 elite dividend growth stocks to consider adding to your portfolio:
1. Johnson & Johnson (NYSE: JNJ) – A well-known healthcare company with a strong track record of dividend growth.
2. Procter & Gamble (NYSE: PG) – A consumer goods giant that has increased its dividend for over 60 years.
3. PepsiCo (NASDAQ: PEP) – A leading snack and beverage company with a history of consistent dividend growth.
4. Microsoft (NASDAQ: MSFT) – A tech behemoth that has been steadily increasing its dividend in recent years.
5. Visa (NYSE: V) – A payment processing company that has been growing its dividend at a rapid pace.
6. Johnson Controls (NYSE: JCI) – An industrial company that has been increasing its dividend for over a decade.
7. Realty Income (NYSE: O) – A real estate investment trust (REIT) known for its monthly dividend payments and consistent growth.
By investing in these elite dividend growth stocks, you can build a passive income snowball that continues to grow over time. Consider adding these companies to your portfolio to start reaping the benefits of dividend growth investing.