Dividend investing is an excellent strategy for (at least) two reasons. Companies that can provide consistent payouts generally have robust underlying operations. Also, reinvesting the dividend can significantly boost long-term returns.
However, dividend stocks aren’t all equal — it’s essential to put your hard-earned money in companies that are unlikely to reduce or slash their payouts anytime soon, preferably ever. Here are two companies that can pull it off.
This post originally appeared at The Motley Fool.