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Top Picks for Long-Term Investors: Bull Market and Beyond Highlights 3 Dividend Stocks with Strong Growth Potential

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“Unlocking the potential of a bull market requires strategic investments, and these 3 dividend stocks are poised to not only weather the storm but also deliver consistent returns for the long run.”

Stocks are currently experiencing a sell-off, with the S&P 500 down 8% from its peak in July. However, it’s important to remember that this is just a temporary setback. The market is bullish more often than it’s bearish, so now is actually a good time to consider long-term investment positions. If you’re an income-seeking investor looking for new dividend stocks, here are three to consider:

1. KeyCorp: Regional banking outfits have had a tough year, but KeyCorp seems to be moving forward again. Although its bottom line is down year over year, it has improved from the troubled second quarter. Charge-offs on nonperforming loans are relatively low, and total deposits continue to grow. Despite the stock price being down more than 40% from its high, it offers an incredible dividend yield of 8.3%.

2. Unilever: This U.K.-based company is known for its consumer goods, with a quarter of its business coming from North America. Investing in Unilever can diversify your cash flow away from U.S.-based companies that mainly transact in U.S. dollars. The current CEO has plans to make Unilever products superior to others in key categories and potentially sell off businesses and brands that aren’t a great fit. Unilever currently offers a dividend yield of just under 3.9%.

3. BlackRock: As the outfit behind the popular iShares family of ETFs, BlackRock has seen its dividend triple over the past 10 years. While the fund business is tied to the stock market, BlackRock’s top and bottom lines are relatively predictable from one quarter to the next. There is a risk of investors cashing out their funds, but BlackRock still saw overall net inflows of investors’ money. The stock currently has a dividend yield of 3.25%.

These three dividend stocks offer income-seeking investors the opportunity to diversify their portfolios and potentially benefit from long-term growth. Despite the current market sell-off, it’s important to remember that investing for the long term is often the best strategy.

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