10 Best Long-Term Investments for Kids

5. Assurant, Inc. (NYSE:AIZ)

Total Return (5Y): 77.24%

Assurant, Inc. (NYSE:AIZ) is placed fifth on our list among the best long-term investments. 

TheFly reported on December 29 that Piper Sandler analyst John Barnidge maintained an Overweight rating on AIZ and raised the price target to $264 from $252.

The price target update follows Assurant, Inc. (NYSE:AIZ)’s announcement of a 10% increase in its quarterly dividend to $0.88 per share, marking the company’s 21st consecutive year of dividend increases. In addition, AIZ continues to return capital to shareholders through a newly authorized $700 million share repurchase program announced in late 2024. Analysts view the company’s consistent capital return policies and strategic financial initiatives as supportive of its valuation.

Assurant, Inc. (NYSE:AIZ) is a Fortune 500 global specialty risk management and insurance company headquartered in Atlanta, Georgia. It provides a wide range of insurance and protection solutions designed to help businesses and consumers manage financial risk associated with homes, connected devices, vehicles, and other lifestyle assets.