3 Dividend Stocks to Buy Right Now and Hold Forever
Companies that consistently increase their dividends have outperformed the market over the long term.
3 Dividend Stocks to Buy Right Now and Hold Forever
Overview
If you're looking for passive income from your investment portfolio, dividend stocks are for you. These companies pay out a share of their earnings to investors, usually quarterly but sometimes monthly. According to a study from Hartford Funds, companies that consistently increase their annual dividends tend to outperform those that don't, with lower volatility along the way. If this sounds appealing to you, here are three blue-chip dividend stocks to buy and hold for the long haul.
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Realty Income (NYSE: O) is a massive real estate investment trust (REIT) built for dividend investors. What makes REITs attractive is that they are legally required to pay out 90% of their annual taxable income to shareholders. Realty Income pays a monthly dividend to shareholders and has maintained a long track record of increasing its dividend every year since 1994.
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Source
Originally published at www.fool.com.
