2 Top Dividend Stocks You Can Buy and Hold Forever
Growing dividends can be a stockholder's best friend. They help investors to sleep well at night knowing their investments will offer a return, even in a down market. Using a dividend reinvestment plan (DRIP), these same investors can take advantage of downward swings in the share price and consistently increase holdings in these dividend-paying stocks.
If the price falls, a DRIP means the effective yield grows steadily over time. If the stock price grows, the price appreciation adds to the value that the dividend was providing. For income investors, perhaps the quarterly check is the attraction. No matter the reason for buying, a great dividend stock can be a valuable part of a diversified portfolio, especially one purchased with the intent to buy and hold.
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Source Fool.com
