Consider the Pringle. The familiar cardboard tubes of synthetic crisps rested humbly on a shelf in a convenience store I visited this week, almost hidden by bags of Doritos, Walkers wholegrain Sunbites, and Co-op Sea Salt & Chardonnay Wine Vinegar Crisps. Amid such company, no one would mistake Pringles for a healthy or a posh treat.
For dividend growth investors the market drop hasn't been as severe and they can sleep better at night knowing that their passive income will almost certainly grow, regardless of what happens in the market. This is especially true for those who are invested in dividend growth stocks that have earned the title Dividend King. If you are seeking to grow your passive income and wealth over the long haul, you might want to take a closer look at any of these five Dividend Kings that look like great buys at the moment.
It's not a household name, though it's possible your household is (literally) connected to equipment made by Generac Holdings (NYSE: GNRC). As the name almost suggests, Generac makes backup power generators, though it's moved well beyond those roots. In step with the growth of solar power, Generac Holdings also manufactures storage systems, allowing its customers -- including utility companies -- to use electricity at night even when the sun isn't shining.