The ability to invest in dividends can make or break an investor’s fortune. Ford Motor Company (F) and BP Plc are two firms whose dividends have been lowered in recent years due to financial uncertainty. Following the 2010 Deepwater Horizon oil leak, BP Plc was compelled to suspend its dividend. Following the incident, the company’s stock price dropped 54.9 percent, and it was forced to pay billions in fines. In 2006, Ford Motor Company had to suspend its dividend. The firm was in financial difficulties and was struggling to stay afloat that year, which resulted in the layoff of 10,000 salaried workers, the closure of two plants, and the loss of Ford’s dividend. Stop right there if you’re wondering about whether or not dividend investing was a good decision. The goal of presenting those two examples was not to persuade but to educate. Before going all-out, it’s usually a good idea to familiarize yourself with the field you’re joining.
Insider Monkey discusses the 10 best dividend stocks to buy for long-term gains. On the ranking of the top dividend stocks to buy for long-term returns, FedEx Corporation is ranked 10th. The American global delivery service, headquartered in Memphis, Tennessee, has established itself as a transportation industry leader. Target Corporation is the eighth-largest retailer in the United States and a component of the S & P 500. The company’s stock has gained 1.9 percent, giving it a year-to-date return of 33.2 percent. Hormel Foods Corporation is one of the few dividend stocks that has managed to grow dividends on a continuous basis over the last several years. The company’s cash dividend payment ratio for the past 12 months was 81 percent, and it has grown its dividend for 55 years in a row. On the list of the 10 greatest dividend stocks to buy for long-term gain, Colgate-Palmolive Company is ranked seventh. This firm is one of the few dividend stocks investors can trust, with 58 years of uninterrupted dividend growth and a cash dividend payout ratio of 53%. On the ranking of the 10 greatest dividend stocks to buy for long-term profits, The Procter & Gamble Company is rated sixth. With a cash dividend payout ratio of 50%, the corporation has demonstrated to its stockholders a staggering 64 years of uninterrupted dividend increase. For more details, click 10 Best Dividend Stocks to Buy for Long-Term Gains.
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