3 Passive Income Machines to Buy and Hold Forever
Many companies pay dividends. However, some businesses stand out for their ability to pay a durable dividend. They've proven they can continue paying (and growing) their dividends even during the most challenging economic times. Because of that, they make excellent long-term passive income investments.
Stag Industrial (NYSE: STAG), W. P. Carey (NYSE: WPC), and Realty Income (NYSE: O) have been passive income machines over the years. They offer investors higher-yielding payouts that have proven durable. Because of that, they stand out to a few Fool.com contributors as excellent stocks to buy and hold for a lifetime of passive income.
Marc Rapport (Stag Industrial): "Forever" is a relative term, of course, but here it means buying shares of stock in a company with no intention of selling for a very long time. Passive income, of course, is the money you're paid in dividends for simply owning that stock all along the way.
Source Fool.com
STAG Industrial Inc. Stock
Our community is currently high on STAG Industrial Inc. with 4 Buy predictions and 0 Sell predictions.
As a result the target price of 37 € shows a slightly positive potential of 14.3% compared to the current price of 32.37 € for STAG Industrial Inc..
