2 Dividend Stocks to Buy and Hold for 20 Years or More
Having a multiyear time horizon can be one of your biggest advantages as an investor. While Wall Street is consumed with the inevitable shifts in outlook about what will take place during the next few quarters, long-term investors can tune out that noise and look toward future years. That's where the biggest returns accrue, anyway.
Dividend-focused investors have another reason to keep their eyes on the long term. Reinvesting dividends over the years allows you to accumulate more shares of the companies you own, amplifying your returns. And that compounding effect can really become impressive when your holding period stretches into the decades.
With that in mind, let's look at two excellent contenders for long-term income growth: Procter Gamble (NYSE: PG) and (NYSE: WMT). Both are stocks you can buy with an eye toward being a shareholder for 20 years or more.
Source Fool.com
Walmart Inc. Stock
With 81 Buy predictions and not a single Sell prediction Walmart Inc. is an absolute favorite of our community.
As a result the target price of 73 € shows a slightly positive potential of 15.49% compared to the current price of 63.21 € for Walmart Inc..
