The tragedy at the Fukushima Daiichi nuclear power plant in Japan, which was caused by the country's largest recorded earthquake in March 2011, tanked the uranium sector. Following the tragedy, Japan shuttered all of its nuclear reactors, and other nations took similar measures.
The efforts to transition to electric-vehicles are gaining momentum, with states such as California setting new legislation that prohibits the sale of new combustion vehicles by 2035.
Additionally, the Science and Chips Act of 2022 will allocate billions of dollars in tax credits for semiconductors companies to build new fabrication facilities.
Stocks that are members of the S&P 500 and have raised dividends for 25 consecutive years are commonly known as dividend aristocrats.
However, there is a class of dividend stocks that are even more prestigious than dividend aristocrats and are known as dividend kings.
Bridgewater Associates is an American hedge fund founded by billionaire investor Ray Dalio, it's the world’s largest hedge fund, with approximately $23.6 billion assets under management, as of August 2022.
If you are looking to invest like Bridgewater Associates, here are three dividend stocks that offer future growth potential as well as passive income.