Published on 14 May 2024 on Motley Fool via Yahoo Finance
One of the simplest ways to generate passive income is by investing in companies that pay shareholders a regular dividend. If you're looking for reliable dividend stocks, Dividend Kings could be a good place to start. These companies have track records of good capital management, allowing them to raise their dividend payments for at least 50 consecutive years.
S&P Global (NYSE: SPGI) is one company with a 52-year streak of increasing its dividend payout. If you're an income investor wondering if the stock deserves a spot in your portfolio, consider the following.
S&P Global has a robust economic moat around its credit-ratings business