3 Top Stocks for Building Decades of Passive Income
Top 3 Dividend Stocks for Long-Term Passive Income Investment
Are you planning to chase fewer growth stocks in the future, and instead collect more investment income? If so, you're not alone. Plenty of investors dial back their activity levels the longer they're in the market, recognizing a more passive approach to stock-picking can often yield better returns.
Bank of America
Bank of America (NYSE: BAC) is a solid income holding with a reliable dividend track record. Despite market cycles, the bank has consistently raised its dividend payments, making it a strong choice for long-term income investors.
W. P. Carey
W. P. Carey (NYSE: WPC) is a net lease REIT that offers a unique approach to real estate investment. With diversified tenants and a focus on long-term stability, W. P. Carey presents an attractive option for passive income seekers.
Philip Morris International
Philip Morris International (NYSE: PM) stands out as a leading tobacco company with a strong dividend yield. As the company expands into smoke-free products, it positions itself for continued revenue growth and dividend support.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.