Looking to invest in high-yield dividend stocks that you can hold onto for at least a decade? With just $130, you can purchase shares in three great options.
1. AT&T (T): AT&T is a telecommunications giant that has been paying dividends for over 30 years. With a current dividend yield of around 6.5%, it offers a solid income stream for investors. The company has a strong track record of generating cash flow, making it a reliable choice for long-term investors.
2. AbbVie (ABBV): AbbVie is a pharmaceutical company known for its popular drug Humira. It has a dividend yield of approximately 4.5% and a history of increasing its dividend payments. AbbVie’s strong pipeline of drugs and steady revenue growth make it a promising investment for the future.
3. ExxonMobil (XOM): ExxonMobil is one of the largest oil and gas companies in the world. Despite the volatility in the energy sector, ExxonMobil has a solid dividend yield of around 5% and a commitment to maintaining its dividend payments. With a diversified business and a focus on innovation, ExxonMobil is a stable choice for long-term investors.
By investing in these three high-yield dividend stocks, you can build a diversified portfolio that provides steady income and potential for long-term growth. Consider adding these stocks to your investment portfolio for a decade or more of solid returns.