Forever Dividend Stocks: 3 Income Stocks to Hold Indefinitely
Warren Buffett's adage—"my favorite holding period is forever"—resonates deeply with long-term investors. Dividend stocks, particularly those with a history of consistent payouts, remain a cornerstone of such strategies. Among the elite Dividend Kings, AbbVie stands out with 53 consecutive years of dividend growth and a 2.95% forward yield. Its diversified portfolio targeting autoimmune diseases, cancer, and neurological disorders positions it well for an aging population's demands.
The pharmaceutical giant has navigated patent cliffs with notable agility, a critical strength in a sector where innovation and exclusivity dictate longevity. While the stock's recent performance has compressed its yield relative to historical averages, AbbVie's resilience and therapeutic reach underscore its appeal as a "forever" holding.