2 Smart Dividend Stocks to Buy and Hold
Many stocks pay dividends, but dividend investors should be picky. Ideally, a reasonable dividend yield should be paired with a long dividend track record, plenty of profits to support the dividend, and decent long-term growth prospects.
Two smart dividend stocks to buy right now are Tanger (NYSE: SKT) and (NYSE: TGT). While both companies operate in the retail sector and are exposed to risks posed by tariffs and inflation, there's a lot to like for dividend investors willing to buy and hold for years.
Tanger operates 42 outlet centers and open-air retail centers across the U.S. and Canada. While occupancy rates plunged during the pandemic's height and took time to bounce back, Tanger recorded its highest occupancy rate in more than a decade in 2024. More than 40% of Tanger's rental base will come due for renewal over the next two years, presenting ample opportunities to drive rents higher.
Source Fool.com
Target Corp. Stock
Currently there is a rather positive sentiment for Target Corp. with 25 Buy predictions and 5 Sell predictions.
With a target price of 98 € there is a slightly positive potential of 19.16% for Target Corp. compared to the current price of 82.24 €.
