"Motley Fool Today, I want to focus on one sweet way to preserve capital and beat the market. The general principle is simple: Buy stocks that have paid uninterrupted dividends for years.
Consistency to victory Let's investigate this idea by looking first at BB&T (NYSE: BBT), which has paid a dividend since 1903. Yep, you read that correctly -- the company has paid dividends steadily for the past 106 years. Some of you may be thinking, "Bor-ing!" But over the past 15 years, through two bear markets, P&G has returned 10% annually, turning a $10,000 investment into $45,000 today.
Even more impressively, BB&T actually increased its dividend in August, despite the ongoing economic crisis. When stocks like this temporarily decline, as they have recently, owners still get the dividend payment, inspiring all of us to be patient and calm -- two of the primary traits of the world's greatest investors."