The best dividend stocks are ones that keep paying their dividends over time. When investors buy a stock for the dividend, they count on that dividend to get paid each quarter.
It is essential for the investor since the dividend is a source of passive income. Furthermore, buying dividend stocks can be a necessary part of a retirement plan.
The payment is a dividend and is a return of cash to shareholders. Most dividend stocks come from well-established companies with stable revenue and earnings.
Coca-Cola (KO) is one of the most well-known dividend stocks. Additionally, the company owns some of the most famous brands globally, operating in more than 200 countries.
For our last stock on this list of five stocks, we include a utility for diversification. Consolidated Edison (ED) is one of the oldest regulated utilities.