Thursday, November 09, 2023

2 Top Dividend Stocks You Can Buy and Hold Forever

Buy and hold ... forever? It's a tall order, but a select few companies are potentially up to the task. You can build a wealth-compounding machine with dividend stocks that pay shareholders a portion of their profits. Want to use them to pay your living expenses? Good. Want to reinvest them to buy more shares of stock -- which pay more dividends? Great!

Picking dividend stocks for your portfolio can seem overwhelming because so many options exist. That's why I like to keep it simple and look at stellar companies with a track record of success. My recent search landed me on Coca-Cola (KO 0.18%) and Procter & Gamble (PG 0.17%). Here's why you can buy and hold these companies, probably forever.

Source: Motley Fool

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