3 Dividend Stocks to Buy Now and Hold Forever for Decades of Passive Income
Want Decades of Passive Income? 3 Stocks to Buy Now and Hold Forever
These dividend stocks are ideal for investors seeking long-term passive income. Relax, do what you enjoy, and rake in money. That probably sounds like a great life for most people. Making it a reality isn't easy, but it's possible.
The key is to generate passive income.
You'll need to have money to make money, but once you've got it, there are plenty of great alternatives to put your money to work for you. Want decades of passive income? Here are three dividend stocks to buy now and hold forever.
- AbbVie
- Lowe's Companies
- Public Storage
AbbVie (NYSE: ABBV) markets 12 blockbuster drugs generating hundreds of millions of dollars annually. It's a Dividend King with 52 straight years of payout increases and robust financials.
Lowe's (NYSE: LOW) is a Dividend King with a solid financial track record despite current market challenges.
Public Storage (NYSE: PSA) offers a high dividend yield and strong financial metrics in the self-storage sector.
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.