6 Dividend Kings Stocks That You Should Add to Your Watchlist Right Now

One of the best strategies for compounding wealth is to purchase high-quality dividend stocks and reinvest income over time.

It makes it possible to accomplish the double compounding of reinvesting dividends in addition to the capital growth that strong dividend stocks often offer over time.

Some of the best Dividend Kings can outperform even during bearish markets. When implementing this strategy, however, it is crucial to find the best dividend stocks that can create lasting value.

The Dividend Kings are at the top of the rankings regarding dividend longevity. They are companies that have increased their dividend payments for at least 50 years straight.

Why Dividend Kings?

Dividend Kings are the top stocks in the world regarding dividend longevity and safety. They are companies that have maintained dividend increases for at least 50 years and have survived threats from rival businesses, downturns, technological advancements, and more.

While they may not be the highest dividend stocks, they are consistent. A 'second tier' selection of dividend paying stocks are Dividend Aristocrats, these are companies which have paid and increased their dividends every year for the past 25 years.

The Top 6 Dividend Kings

Stanley Black & Decker is a global leader in hand tools, power tools, and related items. The company is at the top of the world in terms of tools and storage sales.

1. Stanley Black & Decker (NYSE: SWK)

3M sells more than 60,000 products to homes, hospitals, offices, and schools worldwide. Its approximately 95,000 personnel serve more than 200 nations. 3M released its first-quarter financial results for March 31, 2022, and April 26, 2022. Although revenue decreased by 0.3% to $8.8 billion, it was $50 million higher than anticipated.

2. 3M (NYSE: MMM)

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