3 Dividend King Consumer Staples Stocks That Could Make You a Millionaire

It is unlikely that any one single stock will get your portfolio to millionaire status, at least not without you taking on a huge amount of risk. A far better (and less-risky) approach is to buy a collection of well-run stocks. What better place to look than Dividend Kings, which have proven their ability to reward investors by increasing dividends for five decades (or more).Right now you might want to look at consumer staples icons Coca-Cola (NYSE: KO), PepsiCo (NASDAQ: PEP), and Hormel Foods (NYSE: HRL). There's a different reason to like each one of these three Dividend Kings.Every company's business waxes and wanes over time. But some seem to manage to keep steadily growing with a normal sine curve that moves reliably higher over time. Coca-Cola is one of those companies, and it's a big reason why it's been a long-term holding for Warren Buffett's Berkshire Hathaway for decades. The fact that the Coca-Cola name is one of the best-known beverage brands in the world means you probably already know what it does.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool