Want Decades of Passive Income? 3 Stocks to Buy Right Now

When the market turns south, investors often rush toward conservative investments to fortify their portfolios. Of the many low-risk stocks that they may consider, dividend stocks often find themselves in high demand.For those keen on identifying stocks that have the potential to deliver steady passive income for not just years but decades, Chevron (NYSE: CVX) and Realty Income (NYSE: O) are great high-yield opportunities with forward-yielding dividends of 4.4% and 5.7%, respectively right now. Meanwhile, Dividend King American States Water (NYSE: AWR), with its 2.4% forward yield, represents another enticing option.Markets have been flinching at President Donald Trump's enthusiasm for raising tariffs on U.S. trade partners. Investors' fears are growing, consequently, at the prospect of continued volatility, and energy prices have steadily declined. Despite this, Chevron stock has remained remarkably resilient. While U.S. oil benchmark West Texas Intermediate has fallen more than 8% since the start of the year, Chevron stock has risen over 8%, signaling perhaps that energy investors are confident that the oil supermajor can withstand the volatility.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool