Top 3 Reliable Dividend Stocks for Long-Term Investment with Solid Finances

Avatar photo

Costco Wholesale Corp. (NASDAQ: COST) reported a 15% stock price increase over the last 12 months, trading at $1,000 per share with a P/E ratio of 55. Despite a 0.5% dividend yield, Costco has delivered over 266% total return over the past five years and maintains a low debt-to-equity ratio of 0.21%. It has increased dividends for 22 consecutive years.

Archer-Daniels-Midland Co. (NYSE: ADM), a dividend king, has a 53-year streak of dividend increases and a debt-to-equity ratio of 0.34%. Despite strong fundamentals, the stock is influenced by commodity prices, showing cyclical growth patterns. Its P/E ratio is over 12x.

Medtronic PLC (NYSE: MDT) offers a dividend yield of 3.30% and has increased its dividend for 49 years, with a debt-to-equity ratio of 0.53%. Trading at a P/E ratio around 23x, the company is positioned for demand from an aging population but is still working towards full operational effectiveness.

The free Daily Market Overview 250k traders and investors are reading

Read Now