Looking for some high-yield dividend stocks to add to your portfolio and hold onto for the long term? Here are three options to consider.
1. AT&T (NYSE: T) is a telecommunications giant that has a long history of paying dividends. With a current dividend yield of around 7%, AT&T offers a solid income stream for investors. The company’s diverse business segments, including wireless, wireline, and media, provide stability and growth potential for the future. Despite facing some challenges in recent years, AT&T’s strong cash flow generation and commitment to paying dividends make it a reliable choice for income investors.
2. AbbVie (NYSE: ABBV) is a pharmaceutical company known for its blockbuster drug Humira. AbbVie has a dividend yield of approximately 4.5% and has consistently increased its dividend payout over the years. The company’s strong pipeline of new drugs and focus on research and development bode well for its future growth prospects. With a solid balance sheet and a commitment to returning capital to shareholders, AbbVie is a solid choice for investors looking for both income and growth potential.
3. Procter & Gamble (NYSE: PG) is a consumer goods company that offers a dividend yield of around 2.5%. Procter & Gamble is a well-known brand with a diverse portfolio of products that are household names. The company’s focus on innovation and marketing has helped it maintain its competitive edge in the market. With a strong track record of dividend increases and a commitment to shareholder returns, Procter & Gamble is a reliable choice for investors looking for stability and income.
In conclusion, AT&T, AbbVie, and Procter & Gamble are three high-yield dividend stocks that investors can consider adding to their portfolio for the long term. These companies offer a combination of income, growth potential, and stability, making them attractive options for buy-and-hold investors.