This Little-Followed “Forever Asset” Yields 6%

Today, we check in again on my favorite type of business… “Forever Assets.” Forever Assets constitute a group of stocks you can own for the rest of your life. These firms have paid out dividends—not just over years or decades, but for generations...

BCE Inc. (NYSE:BCE) is a perfect example. You almost never see this Canada-based telecom mentioned in the financial press. In comparison to cryptocurrencies and hot tech stocks, this company would make most readers’ eyes glaze over. Loyal shareholders, however, don’t seem to mind. BCE has paid dividends for decades, in addition to delivering tidy capital gains. While this business might not get your blood pumping, its status as a Forever Asset comes down to a couple of points.

Source: Income Investors

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