You can make your money work for you by investing in the right stocks. One of them is dividend stocks but you do not want to bet your money on companies that have irregular dividend payments or are less reliable. When investing for dividend income, it is best to look for companies that have a history of rewarding shareholders over the years. These companies have steady cash flow and offer annual dividend hikes.
I’ve identified three dividend stocks with a solid history of dividend payments, income growth, and annual hikes. These companies do not pause or reduce their dividends in market uncertainties and have enough cash to keep distributing the dividends. With that in mind, let’s look at the three underrated dividend stocks to buy for steady income.
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