Dividends4Life: 3 Dirt Cheap Dividend Stocks to Buy and Hold for At Least a Decade

Dividend Growth Stocks News

The silver lining of the market sell-off in 2022 is that it has created plenty of dirt cheap dividend stocks that investors can buy now and hold for at least a decade to create lasting wealth. The great thing about buying dirt cheap dividend stocks is that it combines the advantages of two time-honored, battle-tested disciplines of investing: dividend investing and value investing. Dividend investing has beaten the S&P 500 over time and provides investors with multiple ways to win because dividend stocks generate income as well as appreciate over time.

Here are three dirt cheap dividend stocks that can be bought and held over the long term: FedEx (FDX) just boosted its dividend by over 50% and has a new CEO. Camping World (CWH) trades at just four times earnings and yields almost 10%. ExxonMobil (XOM) has vastly outperformed the market this year, yields 4%, and still looks inexpensive. Combining a value-oriented approach with dividend investing gives investors the ability to buy income-generating stocks with a margin of safety. All three of these stocks offer both and thus look like sound buys for now and over the long term.

Source: Motley Fool

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