When it comes to investing for the long term, dividend growth stocks can be a great option to consider. These are stocks of companies that not only pay regular dividends to their shareholders but also consistently increase those dividends over time. This can provide a steady stream of income for investors and also offer the potential for capital appreciation.
If you’re looking to buy and hold dividend growth stocks forever, here are 5 options to consider:
1. Johnson & Johnson (JNJ): Johnson & Johnson is a well-known healthcare company that has a long history of increasing its dividends. With a diverse portfolio of products and a strong track record of innovation, Johnson & Johnson is a solid choice for long-term investors.
2. Procter & Gamble (PG): Procter & Gamble is a consumer goods company that has been paying dividends for over 120 years. The company’s strong brand portfolio and focus on innovation make it a reliable choice for investors looking for steady income and growth.
3. Coca-Cola (KO): Coca-Cola is a global beverage company that has been paying dividends for over a century. With a strong brand and a wide range of products, Coca-Cola is a solid choice for investors looking for stability and income.
4. Microsoft (MSFT): Microsoft is a technology company that has been increasing its dividends consistently over the years. With a strong presence in the cloud computing and software markets, Microsoft offers investors the potential for both income and growth.
5. Visa (V): Visa is a leading payment processing company that has been growing its dividends at a rapid pace. With the shift towards digital payments, Visa is well-positioned for long-term growth and offers investors a reliable source of income.
These 5 dividend growth stocks have a proven track record of increasing their dividends over time and can be great options for investors looking to build a long-term, income-generating portfolio. Remember to do your own research and consult with a financial advisor before making any investment decisions.