3 Top Dividend Stocks to Buy in November and Hold for Decades to Come

The best dividend stocks are those that you can buy and hold with confidence. Jumping in and out of stock positions is fraught with challenges, including high stress, pressure, and high transaction costs -- not to mention the risks of unpredictable markets.

So, when I'm looking for dividend stocks, I'm considering those that represent great businesses with an extended ramp for long-term success. And of course, I want dividend stocks that have a history of consistent payouts, so I can reinvest those returns back in my portfolio.

If you're looking for great dividend stocks with which to grace your portfolio for a long time, my recommendations come from three diverse sectors -- Coca-Cola (NYSE: KO), Enterprise Products Partners (NYSE: EPD), and Lam Research (NASDAQ: LRCX).

Here's why each is worthy of your consideration this month.

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Consumer staples sector: Coca-Cola

Atlanta-based Coca-Cola is the leading supplier of carbonated soft drinks in the U.S., holding a dominant 47.1% share. But the company is much more than that -- it has a global presence, and its portfolio also includes lemonade, tea, water, juices, sports drinks, coffee, and alcoholic beverages.

That's meaningful when it comes to Coca-Cola's revenues. In the third quarter. Coca-Cola reported 10% gains from its Europe, Middle East, and Africa segment; 4% gains in North America; and 11% gains in its Asia-Pacific segment -- all more than offsetting a 4% revenue drop from Latin America.

Overall, Coca-Cola's third-quarter revenue was $12.45 billion, up from $11.85 billion a year ago. Earnings of $3.69 billion and EPS of $0.86 were an improvement from $2.84 billion and $0.66.

On top of all that, Coca-Cola stock offers a strong 3% dividend yield, giving investors plenty of reason to hold this dividend stock forever.

Energy sector: Enterprise Products Partners

Enterprise Products Partners is a top midstream company in the U.S. Midstream companies are those responsible for transporting fossil fuels from the point where they are mined or drilled, to wherever they will be sold or stored. That's important because it gives Enterprise Products Partners some key advantages.

First, because it's never involved with mining or drilling, Enterprise Products Partners doesn't have to invest in massively expensive equipment and operations. Second, the company doesn't have to worry about selling the product, so it is unaffected when the price of oil and gas rises or falls.

Energy Products Partners maintains pipelines for transporting crude oil, natural gas liquids, and natural gas, as well as petrochemicals and refined products. Its holdings include an array of processing plants, terminals, and storage facilities.

Revenue in the third quarter was $1.68 billion, down from $1.78 billion a year ago. But the company was able to reduce its operating costs from $12 billion to $10.3 billion, helping mitigate the reduced revenue. As a result, net income and earnings fell only slightly, to $1.35 billion and $0.61 per share, from $1.43 billion and $0.65 per share.

Energy companies often have some of the best dividend yields, and Enterprise Products Partners is no exception, as its yield is currently 7.1%. That makes the stock worth holding, even in quarters where revenue slips.

Technology sector: Lam Research

It's not every day you find a company in the red-hot semiconductor industry that offers a dividend, but Lam Research breaks the mold. The company makes equipment for foundries to build semiconductors. Its products are used for wafer cleaning, photoresist stripping, plasma etching, and thin film deposition.

Considering the massive growth in the semiconductor industry in the last year, it's no surprise that Lam Research's earnings are swinging upward. Revenue in the September quarter was $5.32 billion, up from $4.16 billion a year ago. EPS was $1.26 per share, up from $0.86 per share in the same quarter of 2024. Management said the company set records for revenue, as well as its operating margin of 35%.

Lam Research stock has been soaring all year, up 123% so far in 2025. And while the company's 0.6% yield is small, it is an attractive addition to a stock that's beating the market.

Diversification matters

When building a portfolio, it's important to mix things up. Spreading out your holdings among different sectors helps protect you from volatility should a market event affect a specific sector. Putting money into Coca-Cola, Energy Products Partners, and Lam Research provides the beginnings of an income-generating investment portfolio that balances risk and reward -- and can put you on the path toward a comfortable retirement.

Patrick Sanders has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Lam Research. The Motley Fool recommends Enterprise Products Partners. The Motley Fool has a disclosure policy.