Why I’d buy and hold cheap dividend stocks for the next 10 years // Motley Fool Australia

Buying and holding cheap dividend stocks could provide more than just a generous passive income over the long run. A low interest rate environment may mean that demand for companies with high yields and dividend growth potential increases over the medium term.

Furthermore, the recent market crash means that many income shares currently trade at low prices. This suggests that they could benefit from a likely improving economic outlook over the next decade. As such, now could be the right time to buy a diverse range of dividend shares.

Increasing demand for dividend stocks

Dividend stocks may not currently be particularly popular. The uncertain economic outlook means that many investors are cautious when it comes to investing money…