Three Dividend Growth Stocks for Long-Term Passive Income

Reported about 1 month ago

For investors seeking to establish a sustainable passive income stream for retirement, three promising dividend growth stocks are featured: Archer-Daniels-Midland (ADM), Hercules Capital (HTGC), and Royalty Pharma (RPRX). ADM, with a 3.4% dividend yield, has consistently increased its payout and is well-positioned in the agricultural sector. Hercules Capital offers a robust 9.5% yield due to its investments in startups and has seen a steady dividend growth of 50% since 2020. Meanwhile, Royalty Pharma focuses on financing drugmakers, providing a solid 3% yield with expectations of further dividend increases, making these stocks attractive options for long-term investors.

Source: YAHOO

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