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2 No-Brainer Dividend Stocks to Buy and Hold Forever
The Motley Foolยท 2025-10-07 01:50
Core Viewpoint - The article highlights two stocks, Stanley Black & Decker and Bath & Body Works, as strong options for income investors due to their solid dividend yields, financial upside, and trusted brand power. Group 1: Stanley Black & Decker - Stanley Black & Decker is a global leader in tools and outdoor products, with well-known brands such as DEWALT, CRAFTSMAN, BLACK+DECKER, and STANLEY [2] - The company recently increased its quarterly cash dividend by $0.01 to $0.83 per share, resulting in a dividend yield of 4.5%, marking its long-standing record for consecutive dividend payments among industrial companies [3] - The company aims to improve margins through initiatives expected to generate $2 billion in pre-tax run-rate cost savings by the end of 2025, with a long-term gross margin target of over 35% [6] Group 2: Bath & Body Works - Bath & Body Works operates in the specialty home fragrance and body care market, offering a dividend yield of 3.1% and significant growth potential through store upgrades, digital opportunities, and international expansion [7] - The company is projected to exceed $7.3 billion in sales for fiscal 2024, with plans to expand into new product categories such as shaving and facial care, as well as haircare and men's care [8][9] - Currently, only 5% of Bath & Body Works' sales come from international markets, indicating substantial growth opportunities as the company expands globally, having recently opened its 500th international store in London [10]