CAT - 2 Top Dividend Stocks You Can Buy and Hold Forever
2023-11-13 09:11:00 ET
Warren Buffett once said, "Our favorite holding period is forever." For investors with a long time horizon, dividend stocks are an excellent place to start because they provide a steady source of income and are often less volatile against market fluctuations. Best yet, consistent dividend-paying socks have a history of outperforming the benchmark S&P 500 over the long term.
With that in mind, here are two dividend stocks that are market leaders in their respective industries.
Caterpillar (NYSE: CAT) , the world's largest manufacturer of construction equipment, has rewarded shareholders handsomely over the past decade with a total return (change in stock price plus dividends) of 267%, outperforming the S&P 500 benchmark by over 70%.
For further details see:
2 Top Dividend Stocks You Can Buy and Hold Forever