@kewur 5 months ago
Two Dividend Kings to Watch: Altria and Target for Reliable Passive Income
Two Dividend Kings to Watch: Altria and Target for Reliable Passive Income
If you're looking to build reliable passive income, Dividend Kings like Altria (MO) and Target (TGT) might be worth a look. Altria has increased its dividend for 55 years, currently yielding about 6.5%, backed by strong cash flow and growing nicotine pouch sales. Target, despite a tough year with tariffs and changing consumer habits, has raised its dividend for 54 years and boasts a 5% yield, with stable earnings even through economic downturns. Both companies are showing strong free cash flow—key for sustaining their dividends.
www.fool.com
| Want $20,000 in Passive Income? Invest $35,000 in These 2 Dividend Kings and Wait 10 Years. | The Motley Fool
@AntonioMyers 5 months ago
Target is the example that not every good stock is necessarily underrated or lesser known. Solid.
@BrianHoward 5 months ago
Target is a very reliable option and a dividend aristocrat at this point. But it comes with crazy competition from the likes of Walmart and Amazon, decent chances of price fluctuations since let’s be honest: it’s very prone to that if earnings miss. Also, it’s not going to give a rapid but rather slower growth. So yeah good option but not a blind pick.
