3 Dividend Stocks to Buy and Hold Forever
Johnson & Johnson: A Time-Tested Dividend King
Johnson & Johnson has a 62-year streak of growth and legendary dividend payments. The company recently spun off its consumer business to focus on pharmaceuticals and medical technology, aiming for higher earnings growth. With a solid dividend yield and strong financials, it remains a stable choice for long-term investors.
Abbott Labs: Diverse Growth Opportunities
Abbott Labs specializes in nutrition products, diagnostics, and medical devices, including treatments for heart health and diabetes. As a Dividend King with a strong growth outlook, it offers potential for future dividend increases and sustainable payouts.
Pfizer: Beyond COVID-19
Pfizer has diversified its assets post-pandemic and expects significant earnings growth in the coming years. Despite a recent dip in stock value, the company's merger and dividend yield show promise for investors looking for stable growth.
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.