3 Dividend Stocks to Buy Now and Hold Forever for Decades of Passive Income

Saturday, 25 May 2024, 09:46

Discover three top dividend stocks - AbbVie, Lowe's Companies, and Public Storage - to buy now and hold for long-term passive income. These companies offer strong dividend programs, impressive financial performance, and resilience in varying market conditions. Investing in these dividend stocks presents an opportunity to generate substantial passive income over the years.
https://store.livarava.com/420f3def-1a7c-11ef-a3da-9d5fa15a64d8.jpg
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.

  1. AbbVie
  2. 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.

  3. Lowe's Companies
  4. Lowe's (NYSE: LOW) is a Dividend King with a solid financial track record despite current market challenges.

  5. Public Storage
  6. 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.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe