AEP - 2 High-Yield Dividend Stocks to Buy Hand Over Fist and Hold Forever
2023-07-29 05:18:00 ET
Finding the latest and greatest fad in investing can make for compelling reading -- and sometimes buying (we're looking at you, artificial intelligence stocks). But that doesn't mean less-sexy companies, such as those dealing in energy and electricity, should fall by the wayside. In fact, stocks like Kinder Morgan (NYSE: KMI) and American Electric Power (NASDAQ: AEP) are attractive in their own ways: namely, paying you to do nothing.
Two of our fool.com contributors believe these are stocks that you can buy and hold indefinitely and are especially alluring right now. Let's find out why.
Lee Samaha (Kinder Morgan): It's no secret that investors can find high-yield opportunities in the gas pipeline sector. Kinder Morgan (with a current dividend yield of 6.4%) is one of them .
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2 High-Yield Dividend Stocks to Buy Hand Over Fist and Hold Forever