O - 3 High-Conviction Stocks to Buy Now and Collect Dividends Forever
2023-04-06 07:10:00 ET
Although many companies have excellent track records of paying dividends, others don't. Because of that, dividend-focused investors need to ensure any company they invest in can pay an enduring dividend.
AvalonBay Communities (NYSE: AVB) , Realty Income (NYSE: O) , and Crown Castle (NYSE: CCI) have proven dividend track records. That's one of several factors that give a few Fool.com contributors high conviction that these companies can keep paying dividends for decades to come.
Matt DiLallo (AvalonBay Communities): Demand for apartments tends to grow steadily. People always need a place to live. That should benefit AvalonBay Communities, one of the country's largest residential landlords. The apartment real estate investment trust (REIT) has interests in 294 apartment communities across a dozen states, including 18 under development.
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3 High-Conviction Stocks to Buy Now and Collect Dividends Forever