7 Dividend Stocks To Buy for 2022 and Hold Forever

 

Buy these dividend stocks and forget them for 10 years — you will win big

 


The allure of dividend stocks should be increasing right now. The Fed has signaled that it will soon begin tapering the market stimulus it provided during the pandemic. Following the news in late September, there hasn’t been any immediate shock.

In general, broader markets including the S&P 500 index traded down after Labor Day. But with markets flagging and volatility likely to rise, it does make sense to look toward the less risky areas of the stock market.

That’s precisely why dividend stocks make sense now: They are designed to carry low price volatility with upside provided in reliable dividend income. As an example, AbbVie (NYSE:ABBV) carries a beta, which measures volatility, of 0.83. In other words, it is 17% less volatile than the market overall. Meanwhile, the SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) is up 5.4% in the last month, compared to the 3.8% gain in broader SPDR S&P 500 ETF Trust (NYSEARCA:SPY).

 

 

So, there’s a short-term catalyst for dividend stocks in general. But these are also equities to buy and hold forever. I’m not sure how long an investor can define ‘forever’ as being. But I’d say at least a decade. And I believe the stocks below have the ability to remain attractive for at least that long. They’ll grow with the market and provide investable dividend income as well.

 

Continue reading …

 

Comments

Popular posts from this blog

The Kiplinger Dividend 15: Our Favorite Dividend-Paying Stocks

13 Safe Dividend Stocks to Buy

Five Stocks With Safe and Growing Dividends

7 Best Retirement Stocks to Buy to Build Long-Term Wealth

Pfizer Stock: Growth Profile Looks Attractive as Ever

Merck Is a Dividend Play Ready to Get Back in Gear

Is It Time to Follow Buffett Into Verizon?