3 Dividend Stocks to Hold for the Next 20 Years
Key Points:
- Dividend-paying stocks have historically outperformed non-dividend stocks, yielding an average annual return of 9.2% over the past 50 years with less volatility, making them attractive for income-focused and risk-averse investors.
- Coca-Cola, a globally recognized beverage company, boasts a strong brand valued at $46 billion and has increased its dividend for 63 consecutive years, supported by its vast distribution network and resilient sales across economic cycles.
- Procter & Gamble, with a diverse product portfolio and global reach in 180 countries, has paid dividends for 135 years and raised its payout for 69 consecutive years, appealing to a broad consumer base from various demographics.
- Chevron, an integrated oil and gas company, balances short