2 Unstoppable Dividend Stocks That Will Pay You for Life

Core Viewpoint - The article highlights the reliability of Dividend Kings, specifically Coca-Cola and Abbott Laboratories, as strong investment options for income-seeking investors due to their long history of increasing dividend payouts. Group 1: Coca-Cola - Coca-Cola has raised its dividends for 62 consecutive years, showcasing its commitment to returning value to shareholders [5] - The company benefits from a strong brand recognition and competitive advantage, which helps maintain consumer trust and loyalty [3] - Coca-Cola has diversified its product portfolio beyond soft drinks, adapting to market demands with offerings that include alcoholic beverages and health-conscious options [4] - Despite challenges during the pandemic, Coca-Cola demonstrated resilience and has rebounded, maintaining a forward yield of 3%, significantly higher than the S&P 500 average of 1.3% [5] Group 2: Abbott Laboratories - Abbott Laboratories has increased its dividends for 52 consecutive years, making it another reliable choice for income-seeking investors with a forward yield of 2% [10] - The company operates in multiple segments, including medical devices, nutrition, diagnostics, and established pharmaceuticals, providing a diversified revenue stream [6] - Abbott adapted to pandemic-related disruptions by pivoting to develop COVID-19 diagnostic products, which helped stabilize revenue during challenging times [7] - The diabetes care unit, particularly the FreeStyle Libre franchise, is a significant growth driver, with only 1% of adults with diabetes currently using continuous glucose monitoring technology [8] - Abbott's cardiovascular devices are expected to see increased demand as the global population ages, contributing to long-term growth [9]