5 Best Long-Term Dividend Stocks to Buy and Hold

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1.  Abbvie Inc (NYSE: ABBV)

Number of Hedge Funds: 83

Value of Hedge Fund Holdings: $6.9 billion

Pharmaceutical company AbbVie tops the list of 10 best long-term dividend stocks to buy and hold. The company makes treatments for various diseases, including arthritis, blood cancers, HCV, Parkinson’s disease and multiple sclerosis. The company on Feb. 22 said upadacitinib, its treatment for moderately to severely active rheumatoid arthritis, met the primary endpoint of clinical remission and all ranked secondary endpoints in the Phase 3 induction study.

AbbVie has annually increased its dividend for at least 25 consecutive years.

You can also take a peek at Billionaire Mario Gabelli’s Top 10 Stock Picks and 15 Best Stocks To Buy Now For Beginner Investors.

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