3 High-Yielding Dividend Stocks to Buy and Hold for Decades
According to a recent Ipsos poll, one in five Americans don't expect to retire, and that's largely because they don't feel they can afford to do so. One way for Americans to improve their financial situation in the future, and to potentially change that outlook, is by investing in dividend stocks. Income-generating investments can provide you with recurring Income to bolster your finances, lessening the need for you to rely on Social Security.
Three companies that make for excellent dividend stocks to buy and hold for decades include (NYSE: ABBV), BCE (NYSE: BCE), and Coca-Cola (NYSE: KO). Let's see why.
Drugmaker AbbVie provides investors with an above-average dividend yield of 3.9%, which is more than double the S 500 average of 1.5%. The company has an impressive track record for not just paying but increasing its payouts. Going back to when it was part of Abbott Laboratories (it spun off in 2013), AbbVie is a Dividend King.
Source Fool.com
AbbVie Inc. Stock
The stock is an absolute favorite of our community with 27 Buy predictions and no Sell predictions.
As a result the target price of 175 € shows a slightly positive potential of 9.68% compared to the current price of 159.56 € for AbbVie Inc..
