Looking for some high-yield dividend stocks to add to your portfolio? Here are three options that you can buy and hold for a decade.
1. AT&T (NYSE: T)
AT&T is a telecommunications giant that has a long history of paying dividends to its shareholders. With a current dividend yield of around 7%, AT&T is a solid choice for income investors. The company’s strong cash flow and diverse business segments make it a reliable investment for the long term.
2. ExxonMobil (NYSE: XOM)
ExxonMobil is one of the largest oil and gas companies in the world, and it also has a strong track record of paying dividends. With a dividend yield of around 5%, ExxonMobil offers investors a steady stream of income. Despite fluctuations in the energy market, ExxonMobil’s diversified business model and strong balance sheet make it a good option for buy-and-hold investors.
3. Johnson & Johnson (NYSE: JNJ)
Johnson & Johnson is a healthcare conglomerate that has consistently delivered strong returns to its shareholders. With a dividend yield of around 2.5%, Johnson & Johnson may not have the highest yield on this list, but its solid business fundamentals and history of dividend growth make it a reliable choice for long-term investors. Additionally, the company’s diverse product portfolio and strong brand presence provide a level of stability that is attractive to many investors.
In conclusion, AT&T, ExxonMobil, and Johnson & Johnson are all solid choices for investors looking for high-yield dividend stocks to hold for the long term. With their strong business fundamentals and track record of dividend payments, these companies offer a mix of income and growth potential that can help bolster your portfolio over the next decade.