Dividend stocks can be a great source of passive income, and fortunately, there is no shortage of dividend-paying companies in the stock market. However, finding those whose businesses (and payouts) will remain intact through bull and bear markets can be a bit of a challenge.
Many companies slash or outright suspend their dividends once the economy stops working in their favor. If you are looking for dividend stocks that can pay you for the rest of your life, rest assured: They exist. These two companies have raised their dividend payouts even amid the pandemic.