10 Dividend Stocks to Hold for the Next 10 Years

Core Viewpoint - The article emphasizes the importance of dividend stocks in creating a balanced and secure investment portfolio, particularly for retirees, highlighting their ability to provide security and a growing passive income stream [1]. Group 1: Characteristics of Great Dividend Stocks - A high yield is a primary feature investors seek, but it should be accompanied by a strong track record of payments and raises, as well as quality fundamentals [2]. - A yield that is excessively high may indicate underlying risks, making it essential to evaluate the overall stability of the stock [2]. Group 2: Recommended Dividend Stocks - Coca-Cola: Offers a 2.9% yield and has raised its dividend for 63 years, making it a reliable choice that tends to outperform during market downturns [5]. - Target: With a 4.8% yield and a history of 54 years of dividend increases, it is expected to recover and provide reliable passive income in the future [6]. - Realty Income: This REIT has the highest yield at 5.4%, pays monthly dividends, and has a strong growth outlook due to its property acquisitions [7]. - Walmart: Although it has a lower yield of 0.9%, it is a Dividend King with 52 years of dividend increases and continues to expand in e-commerce [8][9]. - American Express: Also yielding 0.9%, it is favored by Warren Buffett for its growth potential and reliable dividend [10]. - Home Depot: Offers a 2.2% yield and has shown resilience in the home improvement sector, with a year-over-year sales increase [11]. - Bank of America: With a 2.1% yield, it is considered a valuable anchor stock with a growing dividend [12]. - Agree Realty: This REIT pays a monthly dividend of 4.2% and focuses on omnichannel retail, providing growth opportunities [13]. - Prologis: Offers a 3.5% yield and invests in data centers and logistics, aligning with trends in AI and e-commerce [15]. - Kimberly Clark: With a 3.9% yield, it is a leader in home essentials, expected to maintain its market position over the next decade [16].