2 Outstanding Dividend Stocks to Buy and Hold For 20 Years
Many investors are withdrawing their money from the stock market right now, but those focused on the long term know to hold on through market volatility. In fact, it's still a great time to invest in companies that have excellent underlying businesses and attractive long-term prospects. Dividend payers that have maintained a reliable payout program for a while fit the bill.With that, let's consider two dividend-paying companies that look like strong buys for the next two decades: Medtronic (NYSE: MDT) and Merck (NYSE: MRK).Medtronic, a leader in medical devices, could feel the impact of President Trump's tariffs. The company markets hundreds of devices across dozens of countries, but generates much of its revenue from the U.S. and does a significant amount of manufacturing abroad, including in Mexico and China, the latter of which has been a favorite target of the current administration's tariffs.Continue reading
Many investors are withdrawing their money from the stock market right now, but those focused on the long term know to hold on through market volatility. In fact, it's still a great time to invest in companies that have excellent underlying businesses and attractive long-term prospects. Dividend payers that have maintained a reliable payout program for a while fit the bill.
With that, let's consider two dividend-paying companies that look like strong buys for the next two decades: Medtronic (NYSE: MDT) and Merck (NYSE: MRK).
Medtronic, a leader in medical devices, could feel the impact of President Trump's tariffs. The company markets hundreds of devices across dozens of countries, but generates much of its revenue from the U.S. and does a significant amount of manufacturing abroad, including in Mexico and China, the latter of which has been a favorite target of the current administration's tariffs.
