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My Favorite Safe Dividend King to Buy Now (and It's Not Even Close)

Daniel Foelber, The Motley Fool
·4 min read
My Favorite Safe Dividend King to Buy Now (and It's Not Even Close)

History was made last week when the consumer staples sector suffered its worst two-day decline in over 20 years. Consumer staples stocks are favorites among retirees and income investors because they tend to pay attractive dividends and produce steady growth over time. Here's why Procter & Gamble (NYSE: PG) stands out as best in breed among Dividend Kings -- which are S&P 500 companies that have paid and raised their dividends for at least 50 years.

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