Published on 29 Apr 2024 on Motley Fool via Yahoo Finance

These 3 Dividend Payers Are Forever Stocks, Even if the Market Crumbles

Famed investor Warren Buffett has quipped that his favorite holding period is forever. However, not all stocks have the characteristics of a forever holding. Many companies don't have the durable business models and financial profiles needed to continue making money during periods of severe market turmoil.

Black Hills Corporation (NYSE: BKH), Enbridge (NYSE: ENB), and American States Water (NYSE: AWR), on the other hand, stand out to a few Fool.com contributors for their ability to continue thriving in tough times. They have demonstrated that by continuing to increase their dividends over the decades. With more growth ahead, they're great dividend stocks to buy and hold for what could be a lifetime of income.

Black Hills: Rising rates have created a Dividend King bargain