Merrill Lynch Has 4 Blue-Chip Dividend Stocks to Buy and Hold Forever

Given that the chances for dividend stocks to rebound do look solid, we screened the Merrill Lynch research universe database for blue chip stocks with good dividends that investors can not only buy for 2016, but can hold indefinitely, as they have shown over the years staying power and a long history of dividend increases. We found four, which are all rated Buy.

Altria Group Inc. (NYSE: MO) is a top mega-cap consumer discretionary stock to buy on Wall Street, and the company’s Marlboro brand remains one of the most recognizable in the world. ConocoPhillips (NYSE: COP) is a large integrated that has spent the past five years divesting assets. Dominion Resources Inc. (NYSE: D) is one of the nation’s largest producers and transporters of energy, with a portfolio of approximately 24,600 megawatts of generation and 6,455 miles of electric transmission lines. Pfizer Inc. (NYSE: PFE) has a very strong pipeline, and being the world’s largest drug manufacturer by sales value supports the Wall Street notion that it can generate higher long-term revenues through the accelerated growth of its new drugs over the next five years.

Source: Wall St. 24/7

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