ABBV - 2 Dividend Stocks That Could Pay You for Life
2024-06-16 08:30:00 ET
People invest in dividend stocks for various reasons. Some want the passive income; others reinvest the cash to boost long-term returns; still others find that corporations that can dish out regular (and growing) payouts are worth investing in. But few such investors would include dividend cuts on their wish list -- most want the payouts to go for as long as possible.
Though many income stocks will eventually have to suspend or decrease their dividends, some seem solid enough to pay investors for a lifetime. Let's consider two examples: AbbVie (NYSE: ABBV) and Visa (NYSE: V) .
AbbVie was originally a subdivision of Abbott Laboratories . The drugmaker split from its former parent company in 2013. Since then, AbbVie has been known for at least two things: its blockbuster rheumatoid arthritis drug Humira, and its consistent dividend increases.
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2 Dividend Stocks That Could Pay You for Life