2 Top Dividend Stocks to Buy in 2024 and Hold Forever
Dividend investing is practically always in style. There is nothing quite like getting paid to own shares in a company, and for those who opt to reinvest their dividends, doing so works wonders on long-term returns. Still, not every Dividend stock is created equal, and some might end up disappointing investors by slashing their payouts or suspending them altogether.
Let's look at two that are unlikely to do so anytime soon: (NYSE: MDT) and Visa (NYSE: V). Here is why these two dividend stocks are worth holding on to forever.
Being an innovator in the healthcare industry is a great way to have a long-lasting business. That describes Medtronic well. The medical device expert has been a leader in its field for decades and develops products that are essential for physicians and patients -- the company's portfolio includes devices across four main categories: neuroscience, diabetes care, medical-surgical, and cardiovascular health.
Source Fool.com
Medtronic plc Stock
With 10 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 94 € shows a positive potential of 23.86% compared to the current price of 75.89 € for Medtronic plc.
