Best Dividend Stocks

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Best Dividend Stocks

Best Dividend Stocks To Buy For Long Term

Data shows that the best stocks to hold for the long term are those that pay dividends! Want to know what's even better than that? The companies that increased their dividend payments over time are much better investment vehicles!

That's why we have picked the following 2 growth stocks, which have a history of paying dividends:

Pepsico

PepsiCo (PEP) is a global brand involved in beverage and snack products. A quick look at the post shows that they have been paying dividends for 53 years. In fact, they have increased their dividend consistently through the years.

That's why PepsiCo is one of those stocks that are regarded as Dividend Kings and for all the right reasons. There are only a handful of firms that have increased their dividend for almost 50+ years without fail, and PEP is one of them.

While PepsiCo continues to pay dividends, its share price has declined during the last year. But even then, the dividend yield of PepsiCo is around 4.0%.

The key reason why the PepsiCo share price has declined is due to tariffs. But we must understand that PepsiCo is a global brand, and they also continue to make acquisitions of other firms.

On top of that, they also have the money to go through rough patches, which is what makes them such a strong stock to hold.

Chevron

Another stock to consider is Chevron (CVX), which also has a history of paying dividends. The Chevron has been paying dividends for almost 38 years without fail.

This also highlights how the business model of Chevron remains resilient despite all the changes. In fact, Chevron is leading in the pack in its sector when it comes to dividend growth.

The share price of Chevron has declined in the last year by 5%. But that's still far less than compared to PepsiCo.

As of now, the dividend yield of Chevron is above 4.5%, which makes it a very interesting dividend stock. In addition, the upstream portfolio of Chevron has a very low breakeven level.

And when we look at the balance sheet, it becomes clear that they have no money issues whatsoever. This also lowers their leverage ratio and makes them a good choice.

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