Stocks

Discover Two Resilient Dividend Stocks for Long-Term Portfolios

Published November 14, 2023

When it comes to investing in dividend stocks, selecting companies with a robust track record of sustaining and increasing payouts is paramount. Herein lie two global powerhouses that have not only demonstrated resilience in their respective domains but also shown a steadfast commitment to rewarding shareholders with consistently rising dividends. For investors seeking stability and potential for long-term wealth growth, these stocks may be appropriate cornerstones for your investment portfolio.

Nike, Inc. NKE - A Leader on and off the Track

Nike, Inc. NKE stands as a colossus in the realm of sportswear and equipment. Headquartered in the scenic environment near Beaverton, Oregon, it holds the title as the world's largest supplier of athletic shoes and apparel. Nike's substantial presence in the sporting world is complemented by its diverse product line that includes footwear, apparel, equipment, accessories, and services tailored to an extensive array of sports and fitness activities. With its global marketing prowess and innovative products, Nike has carved out a leadership position, fostering brand loyalty and delivering shareholder value through disciplined capital returns, including dividends.

Caterpillar Inc. CAT - A Titan of Industry and Infrastructure

Caterpillar Inc., commonly known as CAT, operates on a global stage, serving as an industrial bellwether with its vast array of machinery, engines, and financial products. As a Fortune 100 company, it boasts an expansive dealership network that not only sells but also supports its wide-ranging product lineup. Caterpillar's machinery is ubiquitous across construction sites, mining operations, and infrastructure projects worldwide. This extensive reach into critical sectors of the economy underpins the company's solid financial foundation, allowing it to focus on innovation, operational efficiency, and shareholder returns through dividends and share repurchases.

Investment, Dividends, Stability