For many High Earners, Not Rich Yet (HENRYs), making six figures may not be enough to feel truly wealthy. Luckily, there are dividend stocks that can help HENRYs boost their income and start feeling richer.
1. Johnson & Johnson (JNJ): This healthcare giant has a long history of paying dividends and increasing them consistently. With a strong balance sheet and stable earnings, JNJ is a reliable choice for HENRYs looking for steady income.
2. Procter & Gamble (PG): As a consumer goods company, PG offers products that people use every day. This stable demand translates to consistent earnings and dividends for investors. HENRYs can count on PG to provide reliable income over the long term.
3. Coca-Cola (KO): KO is a global beverage company with a strong brand and a wide reach. Despite challenges in the industry, KO has maintained its dividend payments and even increased them over time. HENRYs can rely on KO for a steady stream of income.
By investing in dividend stocks like JNJ, PG, and KO, HENRYs can supplement their income and start feeling richer. These companies offer stability and consistent returns, making them attractive options for investors looking to boost their wealth.