Dividends4Life: 3 Dividend Aristocrats to Buy and Hold Forever

Dividend Growth Stocks News

How long do you think the average stock gets held? Not very long, it turns out. Reuters calculated in June 2020 that the average holding period for a stock on the New York Stock Exchange at that point was less than six months, a figure the news service's analysis says has been falling for years. That's a far cry from the "our favorite holding period is forever" philosophy that Warren Buffett has followed on the way to amassing one of history's largest fortunes.

Selling electricity, hardware, and apartment rentals isn't glamorous. But they've been great long-term business for these three. Let's have a look at this trio of buy-and-hold royalty: Lowe's (LOW) is a home improvement store titan. Consolidated Edison (ED) is one of America's largest utilities and the oldest stock on the NYSE. Essex Property Trust (ESS) is a West Coast owner of upscale apartments.

Source: Motley Fool

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