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Want Decades of Passive Income? 3 Stocks to Buy Now and Hold Forever

investing ideas :: 2024-11-21 :: source - motley fool

By Justin Pope

When it comes to dividends, some industries never get old.

Investing for the long term can be challenging because the world is constantly changing and that affects the fortunes of the companies you might be interested in. Still, some industries are far less affected by the world's changes because they're fundamentally critical to society at the most basic level. Some great examples of these stalwart industries are energy, defense, and railroads. Over the past several decades, people have demonstrated a consistent need for these things, which makes them great places to look for high-quality dividend stocks you can buy now and hold forever.

Here are three excellent companies, arguably the best names in these crucial industries, that pay steadily growing dividends for the foreseeable future and make great buy-and-hold stocks..Continue reading


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