3 dividend stocks I’d buy to hold for a decade!

I’m looking for the best dividend stocks to grow my wealth. Here are three I’m considering snapping up in the coming days.

ITV

Rich media companies ITV (LSE:ITV) is facing colossal competitive pressure from streaming giants like Netflix and Amazon and this remains a risk for the firm. But this success FTSE 250 companies associated with video on demand (VOD) suggests that this could be a good horse to bet on.

At Coronation Street and Love Island The broadcaster has increased its streaming subscriber base rapidly in recent years. And the successful launch of the ITVX platform in December shows this trend is set to continue. In the first two months, the system added 1.5m new users, a jump that resulted in total streaming hours 69% higher year-on-year.

Analysts at Statista think that the UK streaming market will show a compound annual growth rate of 8.92% until 2027. ITV could prove an outstanding way for investors to expand into this sector.

Today, the broadcasting company yields a 5.9% dividend. I expect it to remain a good payer for years to come.

DS Smith

Packaging powerhouse DS Smith (LSE:SMDS) is a stock I have owned for many years. And given the 5.5% dividend yield for 2023, I am considering building in shares in the business.

At FTSE 100 The company provides a box that Amazon huge customers are familiar with. It also provides shelf-ready packaging and point-of-sale displays where products purchased at local supermarkets can be seen.

The product is easily noticed by the consumer. But designing and making is an exact science, and especially since sustainability is becoming increasingly important. This explains why DS Smith has been the supplier of choice for Tesco almost forty years.

Rising paper costs are a problem for the packaging giant’s margins. But I believe the potential long-term benefits of owning DS Smith Shares are greater than this risk. I am very excited about the growth of e-commerce and the increase this will bring to the company’s profits.

TBC Bank Group

Rapid economic expansion in Eurasia makes TBC Bank Group (LSE: TBCG) is an attractive long-term buy on the books. Georgia’s economy will grow by 10.1% in 2022, according to official figures, and it looks like it will grow even better.

The business – which is focused on Georgia but also has operations in Kazakhstan – currently trades at a P/E ratio of 4.2 times. It also carries a market-beating 8.5% dividend yield.

TBC is the largest bank in Georgia and the market share of loans and deposits of the country is about 40%. Earnings are growing as demand for financial products increases and net profit here is expected to grow by 24% annually through 2022.

Georgia’s economy prospered when there was a strong situation in Russia. This means that sanctions imposed on neighbors by the West can hamper cyclical stocks like banks. Still, I believe this risk has become the lowest value of TBC.