2 Top Dividend Stocks You Can Buy and Hold Forever
Holding a stock forever can seem crazy, but as investors, we want to have the kind of time horizon that allows us to think in terms of decades.
Two companies that fit that description of forever stocks are Brookfield Renewable (NYSE: BEPC) and Colgate-Palmolive (NYSE: CL). They don't have the highest yields on the market at 4.1% and 2.5%, respectively, but they have sustainable businesses and payouts that should continue for the foreseeable future.
At its core, Brookfield Renewable is simply an energy asset owner. It makes money by buying or building renewable energy assets that pay out consistent cash flows over the course of decades.
Source Fool.com
