"5 Top Dividend Stocks for Long-Term Passive Income"
The S&P 500 Dividend Monarchs, also known as Dividend Kings, are a select group of companies with a minimum of 50 years of consecutive dividend growth, showcasing resilience and quality through economic downturns. Notable Dividend Kings include Target Corp., Walmart Inc., Procter & Gamble Co., 3M Co., Coca-Cola Co., Johnson & Johnson, and Illinois Tool Works Inc. These companies, primarily from consumer staples and health care sectors, offer stable earnings growth and strong commitment to dividends, but may reinvest less profit back into the business for future expansion and have tax implications.