in our free newsletter.

Thousands benefit from our email every week.

Walmart (WMT)

Known for its “Everyday Low Prices,” Walmart is now the largest retailer in the world by revenue. The company has approximately 10,500 stores under 48 banners in 24 countries around the world.

Every week, approximately 220 million customers visit Walmart’s stores and websites.

And because of its massive economies of scale, the business has remained resilient throughout several economic cycles.

That stability is also reflected in the amount of cash Walmart returns to shareholders.

Consider this: Walmart paid its first-ever dividend in 1974. Since then, it has increased its payout every single year.

While the booming e-commerce industry is often considered a threat to brick-and-mortar retailers, Walmart has turned it into a catalyst.

In the most recent fiscal quarter, e-commerce sales at Walmart U.S. were 87% higher compared to two years ago.

Walmart shares have been trading mostly sideways for the past year and currently offer an annual dividend yield of 1.7%.

The company usually makes dividend announcements for the year in February. Given how well its business has been doing, shareholders can look forward to another dividend increase from the retail giant next month.

Contemporary art has outperformed the S&P 500 by 131% for the past 26 years. Join the exclusive platform to invest in million-dollar works by artists like Banksy, Basquiat, and more. Get started today and diversify your portfolio with art.

Learn More

Coca-Cola (KO)

You don’t need to be an investment expert to know why Coca-Cola can be a great pick for dividend investors.

The behemoth is deeply entrenched in the global beverage industry. It has many iconic brands, with products being sold in more than 200 countries and territories. And even in a recession, a simple can of Coke is still affordable to most people.

As a century-old company, Coca-Cola has delivered enormous returns to long-term investors. A big reason for that is the company’s impressive track record of dividend growth.

Early last year, Coca-Cola’s board of directors approved a 2.4% dividend hike, raising the quarterly payout from 41 cents to 42 cents per common share. That was the company’s 59th consecutive annual dividend increase.

If history is any guide, investors can expect Coca-Cola to announce its 60th straight annual payout increase next month.

The shares have climbed roughly 30% over the past year and now offer an annual dividend yield of 2.8%.

While Coca-Cola has already built an established market position, its business is still growing. In Q3 of 2021, the company’s revenue grew 16% year over year to $10 billion. Adjusted earnings per share rose 18% from a year ago.

Genuine Parts Company (GPC)

As impressive as Coca-Cola’s track record is, there are companies that have delivered dividend growth longer than the beverage giant.

Genuine Parts Company is one of them. 2021 marked the 65th consecutive year of increased dividends paid to GPC shareholders.

GPC is an automotive and industrial replacement parts distributor. It has a global network of more than 10,000 locations in 14 countries.

The stock currently yields 2.4%.

The automotive industry is known to be a cyclical one. But as a replacement parts distributor, CPC’s business has thrived throughout different economic cycles.

In fact, since GPC’s founding in 1928, its sales have increased in 87 years of its 93-year history.

From 2010 to 2020, the company’s revenue increased at a compound annual growth rate of 6%.

A consistently growing business allows the company to deliver an increasing stream of cash returns through thick and thin.

Considering that GPC’s last dividend hike was announced in February 2021, the next one is likely to come within the coming weeks.

Acorns rounds your everyday purchases to the nearest dollar and invests your spare change. That means any spare change from your daily spending – gas, coffee or groceries – will go towards building your wealth. Get up to $20 when you sign up with this special link.

Get Started

An artful alternative

With dividend stocks, you don’t need to constantly buy and sell stocks to be successful. But you also don’t need to limit yourself to stocks in general.

Several real assets have survived all kinds of economic environments while also delivering market-beating returns.

For instance, contemporary artwork has outperformed the S&P 500 by a commanding 174% over the past 25 years, according to the Citi Global Art Market chart.

It’s becoming a popular way to diversify because it’s a real physical asset with little correlation to the stock market. On a scale of -1 to +1, with 0 representing no link at all, Citi found the correlation between contemporary art and the S&P 500 was just 0.12.

Investing in art by the likes of Banksy and Andy Warhol used to be an option only for the ultrarich, like Buffett. But with a new investing platform, you can invest in iconic artworks, too, just like Jeff Bezos and Bill Gates do.

Meet Your Retirement Goals Effortlessly

The road to retirement may seem long, but with WiserAdvisor, you can find a trusted partner to guide you every step of the way

WiserAdvisor matches you with vetted financial advisors that offer personalized advice to help you to make the right choices, invest wisely, and secure the retirement you've always dreamed of. Start planning early, and get your retirement mapped out today.

About the Author

Jing Pan

Jing Pan

Investment Reporter

Jing is an investment reporter for MoneyWise. He is an avid advocate of investing for passive income. Despite the ups and downs he’s been through with the markets, Jing believes that you can generate a steadily increasing income stream by investing in high quality companies.

What to Read Next


The content provided on Moneywise is information to help users become financially literate. It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter.