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3 Dividend Stocks That Will Pay You Forever


Owning companies that pay out a steady dividend is a good step toward preparing for your retirement. The goal, however, is to search for stocks that can pay out dividends over the long term. Such businesses usually have several defining characteristics. They possess a recognizable and trusted brand, have a great track record of increasing dividends over the years, and generate copious amounts of free cash flow.

By accumulating a portfolio of dividend stocks, you can enjoy a steady stream of dividends that can go on in perpetuity. It's important to hold such stocks through good times and bad -- and add to them whenever you have spare cash. By doing so, you can enjoy a twofold benefit. The higher number of shares will produce a greater amount of dividends while a rising dividend per share provides a further boost to your passive income.

Here are three dividend stocks that are poised to pay you for the rest of your life.

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Source Fool.com

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