3 Dividend Stocks That Should Pay You For the Rest of Your Life

Many investors prefer to invest in stocks they can hold on to forever. These companies tend to offer products and services with an appeal that transcends economic cycles or fads.

Another key offering that these companies bring to their shareholders is dividends. As such, they have often provided reliable, steadily increasing payouts over the years. Sometimes these are the Dividend Aristocrats that hike payouts annually. Other dividend stocks thrive by providing more gradual increases over time.

Regardless of their approach, they tend to establish a track record of providing both growth and income over several decades. Though numerous stocks fit this description, Altria Group (NYSE: MO), Caterpillar (NYSE: CAT), and Sysco (NYSE: SYY) appear particularly well-positioned as the market struggles to recover from the COVID-19 crisis.

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Source Fool.com