AbbVie, Enterprise Products Partners, and NextEra Energy are highlighted as top dividend stocks worth holding for the long term. AbbVie (NYSE: ABBV), a Dividend King with a 53-year streak of dividend increases, continues to show resilience despite losing patent exclusivity on its top-selling drug, Humira. Its robust pipeline, particularly in autoimmune and cancer therapies, positions it well for future growth, with a forward dividend yield exceeding 3.2%.
Enterprise Products Partners (NYSE: EPD) stands out in the midstream energy sector, boasting a 5.5% distribution yield and a 27-year history of increasing distributions. The company is expected to benefit from rising demand for U.S. oil and gas, particularly as data centers require more energy, ensuring steady cash flow and growth.
NextEra Energy (NYSE: NEE), the largest utility company by market cap, is also on a growth trajectory, with plans for a $66.8 billion acquisition of Dominion Energy. This move could enhance its position in the renewable energy sector, supported by a projected 10% dividend increase this year. For investors, these stocks represent solid long-term holdings with attractive dividends and growth potential.
Source: nasdaq.com