Dividend investment has survived for as long as it has because of two factors. As the value of their stocks and holdings rises, dividend investors profit from any further gain in their portfolio. When working with corporations that offer a dividend reinvestment plan, this method is especially common. According to BlackRock Inc., dividend stocks are expected to increase appeal throughout the year. Dividends are thought to have contributed around 41% of the total returns of the S&P 500 Index between 1930 and 2020. This has been the case for at least the last 50 years. Dividend investments, like any other investment option, are a risky proposition. Only steady dividend-yielders, such as the so-called “dividend kings,” should be considered. The list includes Procter & Gamble Company and PepsiCo, Inc.
Insider Monkey looks at the 10 best dividend stocks for long term. Cardinal Health, Inc. is ranked tenth on the list of the best long-term dividend stocks. Hospitals, healthcare systems, pharmacies, ambulatory surgery centers, and other facilities can benefit from the company’s bespoke solutions. It has increased by 1.99% in the last six months and 7.73 percent year to date. On the list of the top dividend stocks for the long term, ABM Industries Incorporated is ranked 9th. For the past 54 years, the corporation has kept its dividend. It is up 5.28 percent in the last six months and 16.20 percent for the year. Air Products and Chemicals, Inc. is ranked eighth. The company’s dividend has been maintained for nearly 39 years, making it a highly reliable dividend-yielding stock. Raytheon Technologies Corporation is ranked seventh. This year, Raytheon won a number of contracts, including a $2 billion deal with the US Air Force and a $328 million deal with the Naval Air Systems Command. The Clorox Company is ranked 6th on the list of the finest long-term dividend stocks. The company has been paying dividends on a consistent basis for 44 years, making it a safe dividend stock to invest in. For more details, click 10 Best Dividend Stocks for Long Term.
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