5 High-Yielding Dividend Kings Retirees and Boomers Can Buy Today and Safely Hold Forever

5 High-Yielding Dividend Kings Retirees and Boomers Can Buy Today and Safely Hold Forever Lee Jackson Thu, June 25, 2026 at 7:46 PM GMT+7 8 min read MO GPC KMB NVDA HRL Quick Read Dividend Kings are stocks with 50 or more consecutive years of dividend raises, and they offer retirees dependable income and stability as markets rotate away from volatile tech names. Altria (MO) yields 5.9% after its 57th consecutive dividend hike, while Kimberly-Clark (KMB) pays nearly 5% after its shares fell 23% in 2025. Genuine Parts has raised its dividend for 69 consecutive years and trades at just 12 times forward earnings with a Raymond James Strong Buy rating. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Altria didn't make the cut. Grab the names FREE today. While many Baby Boomers have enjoyed a long bull market over the past 35 years, there comes a point when income becomes more critical than stock appreciation. The reason is simple: those who leave their careers to enjoy a well-deserved retirement lose the benefits of a regular salary and their jobs, such as 401(k) matching and company-paid healthcare. In addition, many Boomers use their retirement years to travel and enjoy the rewards they have worked hard to achieve throughout their lives. Choosing investments wisely is imperative, and at 24/7 Wall St., we continually seek the best ideas for Baby Boomers and retirees. Companies that have raised dividends for shareholders for 50 years or more are the kinds of investments passive income investors need to own. Dependability is crucial for individuals seeking to increase their annual income through dividend stock investments. The Dividend Kings are the 56 companies that have raised their dividends for at least 50 years, a testament to their dependability and reliability. Those are two "must-have" items for investors who rely on passive income to boost their overall income. Unlike the Dividend Aristocrats, the Dividend Kings do not have to be members of the S&P 500. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Altria didn't make the cut. Grab the names FREE today. With the stock market trading at elevated levels and a massive rotation out of technology into safer areas seemingly underway, we decided to look for Dividend Kings that investors seeking dependable income and some growth could buy today and safely hold forever. We screened for high yields, stocks with wide moats, and, importantly, those that have products or services that will always have a degree of consumer demand. Five checked all the boxes, and all are among the highest-yielding in the group. Companies that have paid and raised dividends for 50 years or more are the kinds of stocks growth and income investors want to buy and hold in stock portfolios forever. These stocks are mostly conservative, and should we see a dramatic market correction, they will likely hold their ground much better than volatile technology names. Altria (NYSE: MO) is one of the world's largest producers and marketers of cigarettes and other tobacco-related products. This tobacco stock offers value investors a solid entry point and a 6.09% dividend. Altria manufactures and sells smokable and oral tobacco products in the United States primarily to wholesalers, including distributors and large retail organizations, such as chain stores. The company primarily sells cigarettes under the Marlboro brand, as well as: Cigars and pipe tobacco, principally under the Black & Mild and Middleton brands Moist smokeless tobacco and snus products under the Copenhagen, Skoal, Red Seal, and Husky brands e-vapor products under the NJOY ACE brand Altria used to own over 10% of Anheuser-Busch InBev (NYSE: BUD), the world's largest brewer. In March of 2024, the company sold 35 million of its 197 million shares through a global secondary offering. That represents 18% of its holdings but still leaves 8% of the outstanding shares in its back pocket. Altria also announced a $2.4 billion stock repurchase plan partially funded by the sale. Altria increased its quarterly dividend in the fall of 2025 by 3.9%, from $1.02 to $1.06 per share, marking its 57th consecutive dividend increase. Hormel Foods (NYSE: HRL) is an American food processing company founded in 1891 in Austin, Minnesota. Hormel offers dual pricing power through both branded products and private-label manufacturing, and it has a reliable 4.79% dividend. It develops, processes, and distributes a range of meat, nuts, and other food products to retail, foodservice, deli, and commercial customers in the United States and internationally. Shares are down 12% already in 2026. The company operates through three segments: Retail, Food Service, and International. It provides various perishable products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamole, and bacon, and shelf-stable products, including canned luncheon mea

5 High-Yielding Dividend Kings Retirees and Boomers Can Buy Today and Safely Hold Forever

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