3 Dividend Stocks to Buy in 2020 and Hold for the Next Decade
History shows that companies that pay dividends tend to outperform the broader market over the long term. High-quality dividend stocks allow investors to take advantage of the power of compounding, paving the way for substantial wealth creation. Companies that dependably pass cash along to shareholders also tend to hold up better in volatile markets because they offer the prospect of a bankable return.
Building a foundation of dividend-paying companies with resilient businesses, sustainable competitive advantages, and favorable trends at their backs is one of the best ways to dramatically outperform the market without taking on elevated risk. Investors seeking dividend stocks that can deliver powerful long-term returns over the next decade should consider adding these three companies to their portfolios.
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Source Fool.com
