Dividend Royalty: 3 No-Brainer Income Stocks With Strong Buy Ratings

Group 1: UnitedHealth Group (UNH) - UnitedHealth Group is a leading provider of health insurance and healthcare services in the U.S., benefiting from a diversified business model [2] - The company reported record free cash flow (FCF) of $25.7 billion in FY23, alongside record revenue and earnings [3] - Despite a setback from cyber attack-related impairment charges costing $1.6 billion, management maintained net earnings guidance of $27.50 to $28.00 per share [3] - UNH has achieved nearly 20% compound annual growth rate (CAGR) in dividends over the last decade, making it a top dividend stock [3] Group 2: Coca-Cola (KO) - Coca-Cola is a Dividend Aristocrat with a 63-year history of dividend growth, appealing to income-seeking investors [4][5] - The company reported a 6% year-over-year increase in revenue to $45.75 billion in FY23, with earnings per share (EPS) growing 13% [5] - Management forecasts double-digit EPS growth in FY24, reinforcing its position as a strong dividend stock [5] Group 3: Automatic Data Processing (ADP) - ADP is a leading provider of human capital management solutions, known for its impressive dividend track record and strong revenue growth [6][7] - In FY23, ADP's revenue increased 9% year-over-year to $18 billion, with net earnings rising 16% to $3.4 billion, or $8.21 per share [7] - The company reported record free cash flow of $3.63 billion and a healthy dividend yield of 2.2%, making it a top dividend stock to consider [7]