---
title: "This dividend stock's moat is as wide as it gets. 3 reasons to buy and hold forever"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295332706.md"
description: "This consumer staples Dividend King is down nearly 20% since its 2024 high despite its industry-leading business."
datetime: "2026-08-09T20:30:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295332706.md)
  - [en](https://longbridge.com/en/news/295332706.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295332706.md)
---

# This dividend stock's moat is as wide as it gets. 3 reasons to buy and hold forever

This consumer staples Dividend King is down nearly 20% since its 2024 high despite its industry-leading business.

### Related Stocks

- [TGT.US](https://longbridge.com/en/quote/TGT.US.md)
- [COST.US](https://longbridge.com/en/quote/COST.US.md)
- [KR.US](https://longbridge.com/en/quote/KR.US.md)

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