3 Reasons to Buy and Hold This High-Yield Dividend Stock
Investing in established companies with generous dividend policies can be a great strategy for investors seeking rising passive income. That's because such an investment philosophy can help investors sleep easier at night, knowing that their cash flow isn't subject to the whims of the fickle stock market.
Darden Restaurants (NYSE: DRI) is arguably a dependable dividend payer worth a look for dividend investors for three reasons.
Darden Restaurants has come a long way since its humble beginnings in 1938 in Waycross, Georgia. Founder Bill Darden's commitment to quality customer service built a successful foundation that the company still maintains to this day. That's how Darden has grown to eight restaurant brands serving over a million guests each day, led by its Olive Garden Italian Restaurant and LongHorn Steakhouse brands.
Source Fool.com
