Dividend aristocrats
“Dividend aristocrats” describes reputable companies which not only pay dividends on a consistent basis but also increase the size of their payouts every year. AT&T, for instance, is considered a dividend aristocrat. It has been paying dividends for 34 consecutive years and has increased its payout every year.
The biggest advantage of investing in dividend paying stocks is that you can reinvest your earnings regularly and increase the overall returns on your investment.
