Two High-Yield Dividend Stocks Worth Holding for the Next Decade

For long-term investors, particularly those focused on income and total return, high-yield dividend stocks can offer a powerful combination of cash flow and long-term capital appreciation. When chosen carefully, top-tier dividend payers with durable business models can be held for years — even a decade — while providing increasing or at least stable payouts. Here are two names that fit that criteria and deserve consideration if you’re building a long-term dividend portfolio.

1. A North American Energy Infrastructure Leader

This company operates in the midstream energy sector, handling the transportation, storage, and processing of oil, natural gas, and related products. Unlike commodity producers whose earnings fluctuate with oil or gas prices, midstream firms generate predictable cash flows from long-term contracts and fee-based revenue streams. That makes their dividends more resilient in diverse market conditions.

The firm has a long track record of increasing or maintaining its dividend through multiple economic cycles. It’s reinvested in strategic growth projects that expand its asset footprint while maintaining a disciplined balance-sheet approach. Even in periods of industry volatility, such as commodity price swings, its business model tends to produce steady cash flow because customers pay for capacity regardless of how commodity prices move.

Looking ahead, the company has a clear multiyear capital allocation plan that balances growth, debt reduction, and shareholder returns. Over a decade, that discipline could promote both dividend growth and share price appreciation, especially as energy demand continues across North America. For investors focused on long-term income plus growth, this infrastructure stock offers a compelling mix of yield and durability.

2. A Canadian Telecom Giant With Sustainable Payouts

The second stock is a large Canadian telecommunications operator with a history of paying dividends that outpace the market average. Telecom companies have structural advantages including high barriers to entry, recurring revenue from subscription services, and strong cash flow generation once networks are built and customers are retained.

This telecom operator has faced industry-wide pressures such as capital intensity and competition, but it has also consistently generated cash flow sufficient to support attractive dividends. Management has articulated long-term financial objectives that include improving free cash flow through cost discipline, network optimization, and selective investment in growth areas like advanced data services. That focus helps reinforce confidence in the sustainability of its payout over the next decade.

While telecom stocks can be sensitive to interest-rate environments due to their reliance on stable dividend yields, holding this stock for the long term allows investors to look past short-term market volatility and benefit from recurring income paired with steady business performance.

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Why These Two Work for a Decade-Long Hold

Both of these companies share characteristics essential for long-term dividend holds: resilient earnings, predictable cash flows, and management teams aligned with shareholder returns. The infrastructure company benefits from fee-based contracts and growth projects, while the telecom firm leverages recurring service revenue and entrenched market positions.

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For investors with a long horizon and tolerance for the typical ups and downs of equities, these stocks can be core holdings that contribute strong dividend income and potential share appreciation over the next ten years. As always, perform your own due diligence and align any investment decision with your risk tolerance and financial goals.