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3 Dividend Stocks to Buy and Hold for the Long Term -Breaking

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© Reuters. Three Dividend Stocks You Should Buy for Long-Term Holding

We think that it might be smart to place your money on dividend stocks Broadcom Inc., which has a high yield and low volatility. Zoetis Inc (NYSE:) and ABB Ltd (ABB), to ensure a steady income stream. ABB Ltd (ABB), and NYSE: (NYSE:) for a stable income stream. These stocks have an overall ‘Strong Buy’ rating in our proprietary rating system.Companies that pay dividends are generally well established and relatively less subject to market risks. Brian Belski, BMO’s chief investment strategist, stated, “Elevated cash levels, below average payout ratios…and an unprecedented recovery in corporate earnings are setting the stage for an extended rebound in shareholder distribution.”

While the market is rallying on solid job growth and the Fed’s confidence in the economic recovery, factors such as rising inflation, a decline in overall productivity, and an expanding trade deficit could foster significant market volatility in the near term. It is therefore possible to make a profit now by investing in dividend stocks that are fundamentally sound. Investors’ interest in dividend stocks is evident in the SPDR Portfolio S&P 500 High Dividend ETF’s (SPYD) 4.4% returns over the past three months and 24.2% year-to-date.

Broadcom Inc.’s dividend stock Broadcom Inc. is (AVGO), Zoetis Inc.(ZTS), ABB Ltd. is (ABB) all solid options right now. The POWR Ratings gives these companies an A rating (Strong Buy).

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