2 Superb Dividend Stocks to Buy Today and Hold Forever
If you want your portfolio to cut you a consistent check to use as passive income every quarter from here on out, you'll need to load up on high-quality dividend stocks that'll stand the test of time.
And if you want that passive income to come from a decent return, the recent pullback in the market created some juicy opportunities. Here are two superb companies that passive income investors should consider.
As a generic-drug manufacturer, Viatris (NASDAQ: VTRS) is a company that could become a dividend investor's go-to stock. It owns the right to manufacture and sell generic versions of a bunch of medications that you've probably heard of, like Lipitor, Xanax, and even Viagra. In 2021, its overall sales totaled above $17.9 billion, and for 2022 management forecast a revenue increase of around $525 million (a 3% bump) with the help of some recently launched new generics. Since it's unlikely patients will stop needing the drugs it manufactures, there's a solid chance that it will carry the majority of that new revenue forward on an ongoing basis.
Source Fool.com
