Want Decades of Passive Income? 3 Stocks to Buy Now and Hold Forever

Are you looking for stocks that can provide decades of passive income? Look no further! We've identified three stocks that are perfect for a "buy and hold forever" strategy. These companies have strong business models, consistent earnings growth, and a history of dividend growth. Let's dive into the details and see why these stocks are ideal for long-term investors.



1. Johnson & Johnson (JNJ)
- *Business Model*: JNJ is a multinational corporation that operates in the healthcare sector, offering a wide range of products and services. Its diverse portfolio includes pharmaceuticals, medical devices, and consumer health products.
- *Dividend History*: JNJ has a long history of paying and increasing its dividends. The company has increased its dividend for 59 consecutive years, making it a Dividend King.
- *Dividend Yield*: As of 2025, JNJ's dividend yield is around 2.5%.
- *Payout Ratio*: JNJ's payout ratio is typically around 50% to 60%, indicating a sustainable dividend policy.
- *Analyst Recommendation*: JNJ is currently rated as a "buy" by 22 analysts.



2. Microsoft Corporation (MSFT)
- *Business Model*: MSFT is a technology company that develops, manufactures, licenses, supports, and sells computer software, services, and devices worldwide. Its products and services include operating systems, server applications, business solutions, and more.
- *Dividend History*: MSFT initiated its dividend in 2003 and has since increased it consistently. The company has a 17-year history of dividend growth.
- *Dividend Yield*: As of 2025, MSFT's dividend yield is around 0.8%.
- *Payout Ratio*: MSFT's payout ratio is typically around 20% to 30%, indicating a conservative dividend policy.
- *Analyst Recommendation*: MSFT is currently rated as a "buy" by 32 analysts.

3. Procter & Gamble Co. (PG)
- *Business Model*: PG is a multinational consumer goods company that offers a wide range of products in the beauty, grooming, health, and home care categories. Its brands include Tide, Pampers, Oral-B, and Gillette.
- *Dividend History*: PG has a long history of paying and increasing its dividends. The company has increased its dividend for 65 consecutive years, making it a Dividend King.
- *Dividend Yield*: As of 2025, PG's dividend yield is around 2.5%.
- *Payout Ratio*: PG's payout ratio is typically around 50% to 60%, indicating a sustainable dividend policy.
- *Analyst Recommendation*: PG is currently rated as a "buy" by 24 analysts.



These three stocks are ideal for investors looking for decades of passive income. Their strong business models, consistent earnings growth, and history of dividend growth make them excellent choices for a "buy and hold forever" strategy. By investing in these companies, you can benefit from their long-term growth and enjoy a steady stream of passive income.