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Seeking Long-Term Passive Income? Check These 3 Dividend Stocks

Published July 14, 2024

Dividend investing has often been seen as a conservative and less glamorous approach compared to chasing high-growth stocks. However, savvy investors understand that a well-constructed portfolio of dividend-paying stocks can not only provide a steady stream of income but also impressive market-beating returns over the long term. Let's explore three particular stocks that could be pillars for a dividend-focused portfolio aimed at establishing passive income for decades: BLK, JKHY, and V.

BlackRock, Inc. BLK - Investing in the Investment Giant

BlackRock, Inc., known by its ticker BLK, is a global leader in investment management with its base of operations in New York City. As the largest asset manager in the world, it oversees trillions in assets and offers a wide array of funds and financial services. With a track record of consistent dividend growth and a business model that profits from the expanding financial markets, BlackRock stands out as a robust choice for dividend investors looking for reliable payouts and the potential for capital appreciation.

Jack Henry & Associates, Inc. JKHY - The Tech Backbone of Financial Services

Next up is Jack Henry & Associates, Inc., trading under JKHY. This company provides crucial technology solutions and payment processing services for financial institutions. As the financial industry continues to embrace digital transformation, Jack Henry is exceptionally well-positioned to benefit. The company has a reputation for stability and has been rewarding shareholders with a growing stream of dividends, making it a compelling pick for investors seeking both passive income and growth.

Visa Inc. V - Tapping into Global Electronic Payments

Lastly, we shine a spotlight on Visa Inc., represented by the ticker V. Visa is a powerhouse in the global payments industry, facilitating electronic fund transfers through an extensive network of branded credit, debit, and prepaid cards. As one of the world's most valuable financial services companies, Visa continues to see an increase in payment volume as cashless transactions become more common worldwide. With a history of robust dividend growth and a business that scales globally, Visa represents a remarkable income-generating asset that stands to benefit from the ongoing evolution of financial transactions.

Investing, Dividends, Income