3 Dividend Stocks to Buy and Hold for the Next Decade
Buy, hold, rake in solid income. That sounds like a pretty good investing strategy. You only have to find the right stocks worthy of holding for the long term and that pay attractive dividends.
Three Motley Fool contributors think they can help out on that front. Here's why they picked (NYSE: ABBV), Eli Lilly (NYSE: LLY), and Pfizer (NYSE: PFE) as dividend stocks to buy and hold for the next decade.
Prosper Junior Bakiny (AbbVie): Many dividend investors fear experiencing reduced payouts. In the worst-case scenario, corporations can suspend their dividend programs altogether. Though there are no certainties in life -- or equity markets -- investors can be as confident as possible that AbbVie is unlikely to resort to dividend cuts. That's not just because management has explicitly, repeatedly stated that returning money to shareholders via dividend hikes is one of the company's priorities.
Source Fool.com
AbbVie Inc. Stock
The stock is an absolute favorite of our community with 22 Buy predictions and no Sell predictions.
As a result the target price of 175 € shows a slightly positive potential of 15.06% compared to the current price of 152.1 € for AbbVie Inc..
