Stock Pick of the Week: TGT
Target has been increasing their dividends every year for the past 52 years, so this is a stock you can hold forever and keep a passive income.
“One way to build an income stream is to invest in dividend stocks, which distribute part of the company’s earnings to investors on a regular basis, such as quarterly. The best ones increase their payout over time, helping grow future income.
Dividend stocks typically are less volatile than growth stocks and help diversify your portfolio. Investors can also choose to reinvest dividends”
- motley fool
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