Looking to invest in high-yield dividend stocks that you can hold onto for the long term? Here are two options to consider.
1. AT&T (T): AT&T is a telecommunications giant that has a long history of paying out dividends to its shareholders. With a current dividend yield of around 7%, AT&T offers a steady income stream for investors. The company’s diverse range of services, including wireless, broadband, and entertainment, helps to ensure a stable revenue stream. Despite facing competition in the industry, AT&T’s strong brand and customer base make it a solid choice for long-term investors.
2. ExxonMobil (XOM): ExxonMobil is one of the largest oil and gas companies in the world, with a dividend yield of approximately 5%. The company has a strong track record of paying dividends to its shareholders, even during periods of economic uncertainty. ExxonMobil’s diversified operations, including exploration, production, refining, and marketing, help to mitigate risks associated with fluctuations in oil prices. As a leader in the energy sector, ExxonMobil is well-positioned to weather market volatility and continue to provide attractive returns to investors.
Both AT&T and ExxonMobil are reputable companies with solid financial performance and a commitment to rewarding their shareholders. By investing in these high-yield dividend stocks, you can build a stable income stream and potentially benefit from long-term capital appreciation. Consider adding these stocks to your portfolio for a decade or more to maximize your investment potential.