When businesses reach a certain level of maturity and have a history of consistent profits, they often return excess cash to investors through dividends.
For certain market participants, these companies are at the top of their wish lists
Here are three dividend stocks to hold for the next 10 years. All of them pay dividend yields that are vastly greater than what the S&P 500 produces. Just to be clear, investors should realize that these companies aren’t likely to deliver market-beating returns.
But they have proven their worth by generating a steady income stream for shareholders. 1. Coca-Cola The first company on this list is Coca-Cola (NYSE: KO). In more than 200 countries and territories across the globe, this business sells over 200 different drink varieties.