3 Dividend Stocks to Buy in October and Hold for 20 Years
These three dividend payers are making bold, sometimes expensive moves right now, bets I think will pay off for investors willing to hold for the next 20 years.
Overview
Twenty years is a long time to hold a stock. It's long enough to live through a few recessions, a couple of CEO changes, and more than one round of investors declaring a company's best days are behind it.
The dividend stocks worth owning for that long are the ones making real, sometimes uncomfortable moves right now to make sure the business is still worth owning in 2046. These three are each doing exactly that, and are solid buys this month.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
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.