![How to Find Low-Competition Keywords with Semrush [Super Easy]](https://static.semrush.com/blog/uploads/media/73/62/7362f16fb9e460b6d58ccc09b4a048b6/how-to-find-low-competition-keywords-sm.png)
.jpg)
%20Abstract%20Background%20112024%20SOURCE%20Amazon.jpg)
3 Dividend Stocks to Buy Now That Have Raised Their Payouts for at Least 40 Consecutive Years
These companies are on their way to becoming Dividend Kings.
Generating passive income from dividend-paying stocks is a great way to participate in the market without having all the return based on stock prices going up. Companies that steadily grow their payouts increase the passive income generated from an initial investment.
For example, if you buy shares in a company that yields 2% but the dividend doubles over 10 years, your yield on cost is effectively 4%. So, buying and holding quality dividend stocks over time can be an excellent way to grow your passive income stream.
Sherwin-Williams (NYSE: SHW), McDonald's (NYSE: MCD), and Clorox (NYSE: CLX) have increased their payouts for at least 40 years. Here's why all three dividend stocks are worth buying now.
