3 High-Yielding Dividend Stocks That You Can Buy and Hold Forever
Now is the time for investors to load up on dividend stocks. Yields are high, valuations are low, and investors who add income-generating stocks to their portfolios today could be setting themselves up for some terrific returns in the years ahead. Not only could the stocks on this list deliver profits from their share prices, but they can also provide solid dividend income for the foreseeable future.
Shares of Novartis (NYSE: NVS), Enbridge (NYSE: ENB), and Verizon Communications (NYSE: VZ) are all down this year. But with solid fundamentals, these are stocks that investors shouldn't hesitate to buy on the dip right now.
A top healthcare company like Novartis can be a pillar for long-term investors. Its business is profitable and growing, and the stock also pays a high dividend yield of 4.3%. The company makes a wide range of treatments, with oncology being a big part of its business and generating $15.5 billion in revenue last year. That accounts for close to one-third of the company's top line, which was just under $53 billion.
Source Fool.com
