Following July’s market peak, stocks face significant pressure with 10-year Treasury yields at levels unseen since the financial crisis. Consequently, investors have a higher-yield, lower-risk alternative than dividends. Nevertheless, dividend stocks prove more rewarding over time, especially dividend growth stocks that bring increased dividends and capital growth. Select stocks boost dividends yearly as profits rise. These stable dividends aid portfolio growth and retirement income...
Key is well-managed firms with strong finances for sustained dividends. Here are the sole three dividend growth stocks you should add to your portfolio today. Acquire these three dividend stocks for consistent growth and reliable passive income:
Fortis (FTS): The company is North America’s leading investor-owned utility, with a strong presence in Canada and the Caribbean; Realty Income (O): This REIT acquired valuable real estate at the Bellagio Resort in Las Vegas; Restaurant Brands (QSR): Despite obstacles, the company’s growth initiatives are producing favorable outcomes. These buy-and-holds will ensure rewarding growth dividends far into the future.
Source: InvestorPlace
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3 Dividend Growth Stocks Worth Buying and Holding for the Long Haul
Posted by D4L | Friday, September 29, 2023 | ArticleLinks | 0 comments »________________________________________________________________
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