Published on 2 Apr 2024 on Insider Monkey via Yahoo Finance

11 Magnificent Dividend Growth Stocks to Buy and Hold Forever

In this article, we will take a detailed look at the 11 Magnificent Dividend Growth Stocks to Buy and Hold Forever. For a quick overview of such stocks, read our article 5 Magnificent Dividend Growth Stocks to Buy and Hold Forever.

Amid eye-popping growth of technology stocks, dividend investing has taken a backseat over the past few months. But this phenomenon is not a new one. Data shows that since the end of 2008, US stocks with dividend yields over 5% returned about 450%, compared to a 1200% return posted by non-dividend companies. However, many analysts believe this is about to change since the era of easy money where interest rates were almost zero is nearing its end. A Wall Street Journal report recently highlighted some trends in dividend investing shared by Daniel Peris in his book “The Ownership Dividend - The Coming Paradigm Shift in the U.S. Stock Market.” Peris argues that the pendulum might shift in favor of dividend stocks since the forces behind the almost 40-year period of low interest rates and buybacks seem to have exhausted and the market could return to the typical structure in which dividends had a lot of importance.

There was a time when investing in a company automatically meant you’d get dividends from it since markets were not fixated around short-term share price movements. As Benjamin Graham once said: