Split $7,500 Evenly Across These 3 Dividend Stocks and Ignore Them Until 2046
If I were looking for long-term income investments, Coca-Cola, Costco, and Walmart would be my first choices.
Overview
There are no certainties or guarantees in the stock market. But there are some companies that have track records so solid that you could feel comfortable about investing in them and then not checking back on their performance until 2046, if you had to.
For me, that list of stocks would include Costco Wholesale (NASDAQ: COST), which pays both regular quarterly dividends and the occasional large special dividend. It would also include reliable income stock Coca-Cola (NYSE: KO), and Walmart (NASDAQ: WMT), a retailer with plenty of stock price appreciation potential. Those last two are also both Dividend Kings, a title they've earned by raising their payouts annually for at least 50 consecutive years.
Details
Between them, they offer a unique collection of companies to split a $7,500 investment budget evenly among that can reliably boost the income generation of any portfolio over the next two decades, and anchor it during tough economic environments,
Source
Originally published at www.fool.com.