Looking for top dividend stocks to buy and hold for the long term? Here are three picks to consider in October.
1. Johnson & Johnson (NYSE: JNJ)
Johnson & Johnson is a reliable choice for dividend investors. With a track record of over 50 years of consecutive dividend increases, this healthcare giant is a strong contender for your portfolio. Not only does the company have a diverse range of products, but it also has a strong pipeline of new drugs and medical devices. With a current dividend yield of around 2.5%, Johnson & Johnson is a solid choice for long-term investors.
2. Procter & Gamble (NYSE: PG)
Procter & Gamble is another top dividend stock to consider. This consumer goods company has a strong portfolio of well-known brands like Tide, Gillette, and Pampers. With a current dividend yield of around 2.5%, Procter & Gamble offers investors a reliable source of income. The company has a long history of dividend increases, making it a great option for investors looking for stability and growth.
3. Coca-Cola (NYSE: KO)
Coca-Cola is a classic dividend stock that has stood the test of time. With a current dividend yield of around 3%, this beverage giant is a great choice for income investors. Coca-Cola has a strong global presence and a diverse range of products, making it a solid investment for the long term. The company has a long history of dividend increases, making it a top pick for investors looking for steady income and growth potential.
These three dividend stocks offer investors a combination of stability, growth potential, and reliable income. Consider adding them to your portfolio in October and hold onto them for decades to come.