12 Dividend Stocks to Own for Generational Wealth
12 Dividend Stocks to Own for Generational Wealth: Investing in stocks that pay dividends can be a great way to generate passive income and grow your wealth over time. And if you’re looking for long-term investments that you can hold for generations, there are a number of dividend stocks that you may want to consider. In this blog post, we’ll highlight 12 dividend stocks that can help you build generational wealth.
12 Dividend Stocks to Own for Generational Wealth
1. Johnson & Johnson (JNJ)
Johnson & Johnson is a well-established healthcare company that has been paying dividends for over 50 years. The company has a diversified portfolio that includes pharmaceuticals, medical devices, and consumer health products.
With a current dividend yield of around 2.5%, Johnson & Johnson is a reliable dividend stock that can help you build wealth over time.
2. Procter & Gamble (PG)
Procter & Gamble is a consumer goods company that owns popular brands like Tide, Pampers, and Gillette. The company has been paying dividends for over 130 years and currently has a dividend yield of around 2.5%. With a strong brand portfolio and a track record of consistent dividend payments, Procter & Gamble is a great long-term investment.
3. Apple (AAPL)
Apple is a technology company that has been paying dividends since 2012. The company has a strong balance sheet and a loyal customer base, which makes it a solid investment for generations to come. With a current dividend yield of around 0.7%, Apple may not be the highest yielding stock on this list, but it has plenty of growth potential.
4. Coca-Cola (KO)
Coca-Cola is a well-known beverage company that has been paying dividends for over 100 years. The company has a diversified portfolio that includes soft drinks, juices, and sports drinks. With a current dividend yield of around 3.3%, Coca-Cola is a great dividend stock to own for generational wealth.
5. Microsoft (MSFT)
Microsoft is a technology company that has been paying dividends since 2003. The company has a strong brand portfolio that includes popular products like Windows, Office, and Xbox. With a current dividend yield of around 0.9%, Microsoft is a solid investment for long-term growth.
6. Verizon (VZ)
Verizon is a telecommunications company that has been paying dividends since 1984. The company has a strong wireless business and a growing media business that includes Yahoo and AOL. With a current dividend yield of around 4.7%, Verizon is a high-yielding stock that can help you build generational wealth.
7. AT&T (T)
AT&T is another telecommunications company that has been paying dividends for over 30 years. The company has a diversified business that includes wireless, television, and broadband services. With a current dividend yield of around 6.5%, AT&T is a high-yielding stock that can help you generate passive income over time.
8. ExxonMobil (XOM)
ExxonMobil is an energy company that has been paying dividends for over 100 years. The company has a diversified business that includes oil and gas exploration, production, and refining. With a current dividend yield of around 6.3%, ExxonMobil is a high-yielding stock that can help you build wealth over time.
9. Visa (V)
Visa is a payment technology company that has been paying dividends since 2008. The company has a strong brand portfolio and a growing business that includes digital payments. With a current dividend yield of around 0.5%, Visa is a great long-term investment.
10. PepsiCo (PEP)
PepsiCo is a consumer goods company that owns popular brands like Pepsi, Frito-Lay, and Gatorade. The company has been paying dividends for over 50 years and has a diversified business that includes beverages, snacks, and other food products.
With a current dividend yield of around 2.8%, PepsiCo is a reliable dividend stock that can help you build wealth over time.
11. General Electric (GE)
General Electric is a conglomerate that has been paying dividends for over 100 years. The company has a diversified business that includes aviation, healthcare, and power generation. With a current dividend yield of around 0.3%, General Electric may not be the highest yielding stock on this list, but it has potential for long-term growth.
12. IBM (IBM)
IBM is a technology company that has been paying dividends since 1913. The company has a strong brand portfolio and a growing business that includes cloud computing and artificial intelligence. With a current dividend yield of around 4.4%, IBM is a high-yielding stock that can help you generate passive income over time.
Conclusion
In conclusion, these 12 dividend stocks can help you build generational wealth through passive income and long-term growth potential. However, it’s important to do your own research and consider your individual investment goals before making any investment decisions.
By diversifying your portfolio and investing in reliable dividend-paying stocks, you can create a solid foundation for your financial future.
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