3 Dividend Stocks You Can Buy and Hold Forever
The market may be hyperfocused on growth right now, but there are some overlooked dividend-paying treasures just waiting to be discovered.
3 Dividend Stocks You Can Buy and Hold Forever
Overview
Against a backdrop of soaring growth stocks in an environment still dominated by chatter of SpaceX's initial public offering (IPO), it seems a little out of place to be discussing potential dividend stocks to buy. That's even more so the case given that the persistent bull market has pared dividend yields back by quite a bit lately; the S&P 500's average trailing dividend yield currently stands at a multidecade low of just above 1%.
If income is your primary investment goal, there's still every reason to look for such names. And fortunately, there are plenty of compelling ones with strong yields to consider. The S&P 500's overall average dividend yield is unusually low simply because the index's very biggest constituents like Nvidia and Apple pay very little in dividends, if they pay them at all.
Details
To this end, here's a closer look at three dividend stocks you can comfortably buy right now with plans of holding onto them forever.
Source
Originally published at www.fool.com.
