Investors who are looking for dividend stocks seldom look for quick gains. You’re likely looking for stocks you can hold decade after decade to slowly compound your wealth and outperform the rest of the market while making sure your portfolio weathers recessions better than anyone else.
Unfortunately, there’s no one-size-fits-all stock. No single dividend stock is going to give you perfect stability and high yields. Every recession and downturn is different, and the recent tariff scare proved that many of the “safest” businesses are susceptible to all sorts of black swan events.
That said, there are stocks that are very close to being “evergreen,” with a long history of profitable growth and dividends. If you buy and hold these dividend stocks, it is likely that you will stay in the green in the coming decades. They all come with high yields.
This post originally appeared at 24/7 Wall St.