by Ian Cooper

Some of the best stocks to buy and hold forever are Dividend Kings.

These are the reputable giants of the market that’ll pay you to hold their stocks. So, not only do you get safety, but you can collect some extra income along the way. Even better, the Kings have a 50+ year history of raising their payouts.

So, what other Kings should you buy and hold forever? Here are three to consider.

Procter & Gamble (PG)

A boring, but very safe dividend stock to buy and hold forever is Procter & Gamble (PG). With a yield of about 2.5%, the company recently announced a quarterly dividend of $0.9407 per share. P&G has been paying a dividend for 133 consecutive years since the company’s incorporation in 1890 and has increased the dividend for 67 consecutive years.

AbbVie (ABBV)

Or, take a look at AbbVie (ABBV), which is actually a Dividend Aristocrat to consider.

With a yield of 4.34%, the pharmaceutical company recently announced a quarterly cash dividend of $1.48 per share. Since the company’s inception in 2013, AbbVie has increased its dividend by 270%. AbbVie is a member of the S&P Dividend Aristocrats Index, which tracks companies that have annually increased their dividend for at least 25 consecutive years.

Colgate-Palmolive (CL)

When the economy goes down the toilet, remember that millions of people still need to eat, brush their teeth, go to the doctor, use the bathroom, heat their homes, pay for utilities, and in some cases, buy alcohol to make life less stressful. That includes must-have companies like Colgate-Palmolive (CL), which provides things such as oral care, personal care, home care, and pet care products we can’t live without.

With a yield of 2.56%, the company recently declared a quarterly dividend of 48 cents a share. The company has paid uninterrupted dividends on its common stock since 1895.