Top 3 Dividend Stocks Ideal for Millennial Investors

Avatar photo

“`html

Millennials Prefer REITs and Dividend Stocks

Research from The Motley Fool reveals that 35% of millennial investors show interest in dividend stocks, with a notable preference for real estate investment trusts (REITs), outpacing older investors. Millennials are entering their prime earning years and are advised to pivot towards dividend stocks for long-term wealth building.

Realty Income and Dividend Growth

Realty Income (NYSE: O) is recognized as one of the largest and most successful REITs, boasting over 15,600 properties and a 32-year streak of raising dividends. The company primarily leases to retail tenants and offers monthly dividend payments, aligning with the passive income interests of millennial investors.

Philip Morris and Apple Investment Appeal

Millennials are also interested in Philip Morris International (NYSE: PM), the world’s largest tobacco company, due to its popular Zyn brand of nicotine pouches and an 8.9% recent dividend increase. Additionally, Apple (NASDAQ: AAPL), whose products have significant cultural relevance to millennials, has consistently raised its dividend for 12 years, making it a compelling long-term investment.

“`

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

Read Now