Dividend stocks should ideally be buy-and-hold investments that you can forget about in your portfolio. You shouldn't need to constantly check on those businesses to see if their payouts are safe or if their dividends look sustainable. If you do, that's a sign that perhaps you've picked stocks that are too risky.
Cardinal Health (CAH 0.85%) and Cisco Systems (CSCO 1.27%) are two high-yielding dividend stocks that you won't need to worry about in your portfolio. At recent share prices, the dividend yields 2.8%, and that payout looks safe. Cardinal Health is a Dividend Aristocrat as it has raised its payouts annually for more than 25 consecutive years. That gives investors extra incentive to hang on to the healthcare stock as its payouts are likely to continue increasing. Cisco is in fine shape, and while you may not see much in the way of high growth from the business, its dividend looks incredibly safe. For income investors, this may be one of the safest tech stocks you can own.
Source: Motley Fool
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2 High-Yielding Dividend Stocks You Can Buy and Hold for Years
Posted by D4L | Friday, September 23, 2022 | ArticleLinks | 0 comments »________________________________________________________________
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