Stocks that have increased dividends for at least 50 years are known as dividend kings. Investors who rely on income stocks for retirement prefer companies with long dividend histories because their investment horizons are longer and the payoff is higher. This week, CNN sat down with the head of the Hennion & Walsh Asset Management, Kevin Mahn. Dividend stocks, according to him, are the best way to protect against future inflation. There will be a shift in the market’s focus from growth to value stocks, and investors will look for income-oriented stock opportunities to invest in.
Here is Insider Monkey’s list of the 10 dividend kings to buy for 2022. With a 1.11 percent dividend yield as of January 19, Dover Corporation is one of the best dividend stocks to buy for 2022. Acquisition of Acme Cryogenics and the agreement to acquire Engineered Controls International are part of Dover’s strategy to focus on clean energy. Chicago-based W.W. Grainger, Inc. is a global industrial supply company that specializes in motors and lighting as well as material handling and fasteners. The dividend yield for the stock was 1.29 percent as of January 19. As in previous years, Lowe’s Companies, Inc. declared a quarterly dividend of $0.80 per share, providing a forward yield of 1.35 percent. According to a Citi analyst, consumers’ focus has shifted to “defensive, stable margin businesses” like home improvement and auto parts stores. Like previous quarters, Target Corporation declared a quarterly dividend of $0.90 per share. Investors with a record date of February 16th will be paid the dividend on March 10th. The Target Corporation has been removed from the Analyst Focus List of JPMorgan analyst Christopher Horvers. As a manufacturer of industrial and household tools and security products with headquarters in Connecticut, Stanley Black & Decker is listed on the New York Stock Exchange. With a yield of 1.72% as of January 19, the company has increased its dividend payments for 54 years in a row. For more details, click 10 Dividend Kings To Buy For 2022.