1 No-Brainer Dividend Stock to Buy Now and Hold Forever

Publicly traded corporations are under no obligation to pay dividends. Among those that do, many are rather subpar in the exercise, particularly with how often they raise their payouts. That's why companies that increase their dividends every year are highly sought after. These are often industry leaders with robust businesses, strong financial results, and the means to perform well over long periods.Healthcare giant Medtronic (NYSE: MDT) fits that description to a T. Though some might describe the company's business as "boring," the medical device specialist is an excellent pick for long-term, income-seeking investors. Here's why.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool