3 Dividend Stocks to Buy and Hold for the Next 5 Years
These overlooked consumer staples could reward patient investors with reliable dividends and steady growth.
Overview
When you are buying a dividend stock to hold for five years, the flashy growth names matter less than a simple question: Will this company still be selling its products and paying its dividend no matter what the economy does?
Consumer goods companies are built for exactly that kind of durability, because people keep buying groceries and pantry staples in booms and recessions alike.
Details
The three names below are not the most talked-about stocks on the internet, and that is part of the appeal. Each pairs a long dividend history with a real plan for the years ahead.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.