Worried About a Stock Market Sell-Off? Consider Coca-Cola, Pepsi, and These 3 Safe Dividend Kings for Decades of Passive Income.
ITWITW(ITW) The Motley Fool·2024-09-01 17:12

Investing in equal parts of these five stocks produces an average dividend yield of 3%.The broader stock market continues to roar higher, with the S&P 500 index now up 46% since the start of 2023. But some investors may be looking to take their foot off the gas and put new capital to work in safe stocks.Coca-Cola (KO 0.58%), PepsiCo (PEP 0.46%), and Kenvue (KVUE 0.92%) are three consumer staples companies that pay sizable dividends. Illinois Tool Works (ITW 1.09%) and Target (TGT 0.13%) can be more cyclical ...