PFE - 3 Dividend Stocks to Buy and Hold for the Next Decade
2024-04-27 07:15:00 ET
Buy, hold, rake in solid income. That sounds like a pretty good investing strategy. You only have to find the right stocks worthy of holding for the long term and that pay attractive dividends.
Three Motley Fool contributors think they can help out on that front. Here's why they picked AbbVie (NYSE: ABBV) , Eli Lilly (NYSE: LLY) , and Pfizer (NYSE: PFE) as dividend stocks to buy and hold for the next decade.
Prosper Junior Bakiny (AbbVie): Many dividend investors fear experiencing reduced payouts. In the worst-case scenario, corporations can suspend their dividend programs altogether. Though there are no certainties in life -- or equity markets -- investors can be as confident as possible that AbbVie is unlikely to resort to dividend cuts. That's not just because management has explicitly, repeatedly stated that returning money to shareholders via dividend hikes is one of the company's priorities.
For further details see:
3 Dividend Stocks to Buy and Hold for the Next Decade