Inflationary pressures have hit the stock market due to increased demand for commodities and supply chain difficulties. As investors seek to protect their portfolios from hazards, value plays have had their day in the sun. The Dow Jones Industrial Average has outperformed the S&P 500 since September. Johnson & Johnson, The Proctor & Gamble Company, and The Coca-Cola Company are three of the greatest long-term dividend stocks to buy right now. According to Goldman Sachs, through 2022, the S&P 500 will raise dividend distributions by around 6%.
Here is Insider Monkey’s list of the 12 best long-term dividend stocks to buy now. Hormel Foods Corporation is a meat-processing and distribution company established in Minnesota. It ranks 12th on the ranking of the top 12 long-term dividend stocks to purchase right now. Dover Corporation is rated twelfth. The company works with a variety of industries around the world, providing machines and other support services. Genuine Parts Company ranks tenth among the top long-term dividend stocks to purchase right now. The firm specializes in the distribution of automotive and industrial parts. Genuine Parts stock has been added to Evercore ISI’s Tactical Outperform List. 3M Company (NYS is rated ninth. The company is based in Minnesota and works as an industrial conglomerate. 3M announced earnings for the second quarter, with a $2.59 earnings per share. Stanley Black & Decker, Inc. is a Connecticut-based company with tools, storage, industrial, and security businesses. On the selection of the 12 best long-term dividend stocks to purchase right now, it ranks eighth. For more details, click 12 Best Long-term Dividend Stocks To Buy Now.