3 Top Dow Jones Dividend Stocks to Buy in October and Hold for Decades
The 30 components of the Dow Jones Industrial Average (DJIA) tend to be industry-leading companies that are meant to provide a representation of the broader economy. And although the S&P 500 and Nasdaq Composite are generally preferred benchmarks over the DJIA since they are market-cap weighted and include more companies, the DJIA remains a reliable source of inspiration for building a stock market starter kit. It can also be a good place to turn to for buys during a bear market.
Honeywell (NASDAQ: HON), Intel (NASDAQ: INTC), and Chevron (NYSE: CVX) stand out as three reliable Dow stocks to buy in October and hold for decades. Investing in equal parts of each company produces a dividend yield of 3.6%. Here's what makes each dividend stock a great buy now.
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Source Fool.com
