Reported 6 months ago
The article discusses three dividend stocks, The Home Depot, York Water Company, and Walmart, that are viewed as well-positioned to provide a lifetime of passive income. The focus is on the companies' earnings growth potential rather than just the current dividend yield. The Home Depot is seen as having growth prospects tied to the housing market, while York Water has a long history of dividend increases and a resilient business model in water services. Walmart, a Dividend King, recently raised its dividend due to strong earnings growth and margin expansion. Despite Walmart's lower current yield, its growth potential is highlighted as a key factor for long-term passive income.
Source: YAHOO