2 Dividend Stocks You Can Safely Hold for Decades

Looking back on the year, it has been quite remarkable. The coronavirus has wreaked havoc on people's health and caused governments to issue widespread shutdown orders. It is a good time to look for stocks that pay reliable dividends that can provide you with a steady income for a very long time. Here are two companies worthy of a buy-and-hold strategy, providing you with peace of mind.

Colgate-Palmolive (NYSE: CL) sells products like toothbrushes, toothpastes, soaps, dishwashing liquids, and deodorants. Its popular brands like Ajax and Speed Stick have strong market positions. There is also a division for pet nutrition products for cats and dogs. Kimberly-Clark (NYSE: KMB) is known for its diapers; feminine care products; and paper goods, like tissues, toilet paper, and paper towels. When you walk down a supermarket aisle, you'll recognize its brands, which include Huggies, Depends, and Kleenex.

Source: NASDAQ

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