2 Monster Dividend Stocks to Buy and Hold in 2022 (and Beyond)

Broadly speaking, companies that choose to pay a dividend tend to be financially stable -- especially those that consistently raise the payout over time. And that stability often translates into outperformance. In fact, between 1972 and 2018, S&P 500 dividend payers saw annualized share price appreciation of 8.8%, while nonpayers posted annualized returns of 2.4%, according to research from RMB Capital.

On that note, Texas Instruments (NASDAQ: TXN) and Union Pacific (NYSE: UNP) have long histories of raising their dividends, and both currently have a dividend yield that exceeds the 1.27% payout of the S&P 500. Better yet: Each stock has outperformed the broader market over the last five years, generating monster returns for shareholders, and both could make you richer in the years ahead.

Here's why.

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Source Fool.com