Buy and hold stocks are definitely underrated. Some investors spend copious amounts of time tracking their investments and hoping their value increase.
Then there are dividend investors. Sure, they like watching the value of their stocks rise, but they also like getting free money every three months—money they can either cash or reinvest.
Dividend investing might not be as exciting as trying to find the latest tech stock that is about to soar, but that’s because dividend investing is a long-term sport for patient investors. Dividends are typically paid out by larger, well-established companies and have become increasingly popular in the current near-record-low interest rate environment.
Wal-Mart Stores, Inc. (NYSE:WMT) sells hundreds of thousands of products. And thrives when times are tough. Each week, nearly 260 million customers visit Wal-Mart’s more than 11,500 stores in 28 countries and e-commerce sites in 11 countries.
In fiscal 2016, Walmart returned $10.4 billion to shareholders through dividends and share repurchases. The company pays an annual dividend of 2.88%, or $2.00 per share. Moreover, Wal-Mart is an excellent dividend growth stock, which makes it one of the best stocks for long-term growth.
Cummins Inc. (NYSE:CMI) is a global powerhouse that designs, manufactures, sells, and services diesel and alternate fuel engines. The company is a high-quality dividend stock for long-term investors because it maintains a dominant market share position and has a massive dealer network with more than 7,200 locations in more than 190 countries and territories.
In 2015, the company earned $1.4 billion on revenue of $19.1 billion. Cummins currently pays an annual dividend of 3.14%, or $4.10 per share, and has raised its annual dividend yield for the last 11 consecutive years. This definitely makes Cummins a buy-and-hold stock name.
Source: Stocks to Buy and hold Forever
Then there are dividend investors. Sure, they like watching the value of their stocks rise, but they also like getting free money every three months—money they can either cash or reinvest.
Dividend investing might not be as exciting as trying to find the latest tech stock that is about to soar, but that’s because dividend investing is a long-term sport for patient investors. Dividends are typically paid out by larger, well-established companies and have become increasingly popular in the current near-record-low interest rate environment.
Wal-Mart Stores, Inc. (NYSE:WMT) sells hundreds of thousands of products. And thrives when times are tough. Each week, nearly 260 million customers visit Wal-Mart’s more than 11,500 stores in 28 countries and e-commerce sites in 11 countries.
In fiscal 2016, Walmart returned $10.4 billion to shareholders through dividends and share repurchases. The company pays an annual dividend of 2.88%, or $2.00 per share. Moreover, Wal-Mart is an excellent dividend growth stock, which makes it one of the best stocks for long-term growth.
Cummins Inc. (NYSE:CMI) is a global powerhouse that designs, manufactures, sells, and services diesel and alternate fuel engines. The company is a high-quality dividend stock for long-term investors because it maintains a dominant market share position and has a massive dealer network with more than 7,200 locations in more than 190 countries and territories.
In 2015, the company earned $1.4 billion on revenue of $19.1 billion. Cummins currently pays an annual dividend of 3.14%, or $4.10 per share, and has raised its annual dividend yield for the last 11 consecutive years. This definitely makes Cummins a buy-and-hold stock name.
Source: Stocks to Buy and hold Forever
