2 Monster Dividend Stocks to Buy Now and Hold Forever
Both of these stocks have a high forward yield, plus a decades-long track record of annual dividend growth.
Overview
When it comes to successful investing, time in the market beats timing the market. Steady returns, such as from dividends, can snowball a modest grubstake into a large portfolio balance over time. That's what makes high-quality dividend stocks, particularly those with long track records of payout growth, so appealing to investors of all stripes.
Among high-yield dividend stocks (or monster dividend stocks, if you will), two stand out as strong choices for sustainable payout growth and price appreciation potential: Enterprise Products Partners (NYSE: EPD) and Verizon Communications (NYSE: VZ). Both companies, essentially "toll operators" of one kind or another, may lack the excitement of AI stocks or other hot investing trends, but based on track records and current developments, they have the ingredients in place to deliver strong total returns in the years ahead.
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Originally published at www.fool.com.