Invest in These 3 "Boring" Dividend Stocks for a Possible Windfall

Microsoft's cash cow business strategy allows it to increase its dividend for 20 years and significantly in the future.

1. Microsoft

Microsoft stock has risen nearly 400% in five years for capital gains and dividend increases.

Emerson Electric has an incredible 66-year streak of dividend growth, earning it elite Dividend King status

2. Emerson Electric

Emerson anticipates benefiting from long-term demand growth for upgraded infrastructure and efficiency solutions

The company's recent AspenTech acquisition provides an immediate earnings and cash flow boost

Hubbell makes essential electrical components that will be in high demand due to grid upgrades and power needs.

3. Hubbell

Hubbell recently raised its dividend by 9%, but its payout ratio is low, suggesting additional dividend hikes.

The company is exceeding expectations so far in 2023 with organic revenue growth guidance raised to 7%

Analysts expect Hubbell's top line to grow by the mid single digits next year due to electrification megatrends.