3 Dividend Stocks That Are Well Positioned to Provide a Lifetime of Passive Income
A company's ability to provide passive income for a lifetime is based on earnings growth, not what the dividend is today.
A common mistake investors will make is focusing too much on the current yield of a stock, which could fall if the stock price has done well, even if dividend raises have been consistent.
Here's why these three fool.com contributors think The Home Depot (NYSE: HD), York Water Company (NASDAQ: YORW), and Walmart (NYSE: WMT) are three quality dividend stocks that have a multi-decade runway for steady growth.
Source Fool.com
Walmart Inc. Stock
€63.53
-0.030%
The stock is an absolute favorite of our community with 77 Buy predictions and no Sell predictions.
With a target price of 75 € there is a slightly positive potential of 18.05% for Walmart Inc. compared to the current price of 63.53 €.
