UPS - 3 Dividend Stocks That Can Provide Passive Income for Decades
When the broader stock market indices are posting double-digit percentage gains for consecutive years, a mere 2% or 3% dividend yield may seem inconsequential. But when markets are under pressure and many stocks are falling, a steady stream of passive income can alleviate pressure on your portfolio.
United Parcel Service (NYSE: UPS) , American Electric Power (NASDAQ: AEP) , and Emerson Electric (NYSE: EMR) are three dividend stocks that look set to provide decades of passive income for your portfolio. Here's what makes each company a great buy now.
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3 Dividend Stocks That Can Provide Passive Income for Decades