3 Passive Income Stocks to Hold for the Next 20 Years

If dividends are your thing, you're most likely a long-term investor. After all, the dividend snowball takes time. You're probably looking for the compounding effect that creates massive wealth after years of dividends reinvested to buy more shares, which then pay more dividends.

This winning strategy isn't a gimme, though. You must find companies with the financial chops to grow and raise their dividends over time. Below, you'll find three dividend stocks with such track records and are also poised to continue delivering dividend growth.

Here are three dividend machines you can hold for the next 20 years.

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Source Fool.com