3 No-Brainer Dividend Stocks to Buy and Hold for Decades to Come

Buying and holding a stock over the long term requires conviction that the company will live up to investor expectations.For growth stocks, that can mean unlocking the potential of a paradigm-shifting technology. In contrast, investors may expect dividend-paying companies to steadily boost their earnings and payouts over time, rewarding them with a one-two punch of passive income and capital gains.Here's why Lockheed Martin (LMT -4.81%), American Water Works (AWK -3.06%), and Watsco (WSO -2.98%) stand out a ...