The power of compounding is very real. It’s a process that takes time, as dividend investing is not about the first year’s dividend income, but rather the 10+ years. In today’s video we’ll look at the power of compounding and 10 great dividend stocks that offer both growth potential and solid dividends, one of those stocks being AbVie (NYSE: ABBV).
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*The stock prices used were end-of-day prices as of June 12, 2024. The video was published on June 17, 2024
Should You Invest $1,000 in AbbVie Now?
Consider the following before buying shares in AbbVie:
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View the 10 stocks »
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Mark Roussin, CPA has positions in AbbVie, Broadcom and Visa. The Motley Fool holds positions in and recommends Abbott Laboratories, Home Depot, Mastercard, NextEra Energy, Texas Instruments, and Visa. The Motley Fool recommends Broadcom and UnitedHealth Group and recommends the following options: long January 2025 $370 calls on Mastercard and short January 2025 $380 calls on Mastercard. The Motley Fool has a disclosure policy.
Mark Roussin is an affiliate of The Motley Fool and may receive compensation for promoting his services. If you choose to subscribe through their link, they will earn some extra money to support their channel. Their opinions remain their own and are not influenced by The Motley Fool.
10 Stocks to Build a Dividend Portfolio That’ll Make You $1,000 a Year was originally published by The Motley Fool
