N@N

Got $1,000? 3 Dividend Stocks to Buy and Hold Forever

The article from MSN Money discusses three dividend stocks recommended for long-term investment with an initial investment of $1,000. Enbridge Inc. is highlighted for its extensive pipeline network, offering a high dividend yield of 7.5% and a history of increasing dividends for 28 consecutive years, making it a stable choice for income-focused investors. Brookfield Infrastructure Partners is praised for its diversified infrastructure assets globally, providing a 5.1% yield and a track record of dividend growth, supported by inflation-linked rate increases and acquisitions. Lastly, Toronto-Dominion Bank (TD) is noted for its strong position in the Canadian banking sector, with a 5% yield and a history of dividend payments since 1857, offering stability and growth potential through its expansion in the U.S. market. The article suggests these stocks for their reliability, growth potential, and high dividend yields, ideal for investors looking to build a passive income stream over time.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/money/savingandinvesting/got-1-000-3-dividend-stocks-to-buy-and-hold-forever/ar-AA1w3mxk ]