S&P/ASX 200 Index (ASX: XJO) dividend shares have the potential to deliver reliable, passive income streams for decades into the future.
While there are a number of blue-chip companies worth investigating for their strong dividend track records and outlooks, we take a look at two below that I believe sit at the top of that list.
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ASX 200 dividend share number one
The first ASX 200 dividend share that could offer investors decades of passive income is Domino's Pizza Enterprises Ltd (ASX: DMP).
Domino's reported its half-year results yesterday (22 February). And the market was decidedly underwhelmed, with investors sending the Domino's share price down 23.8% on the day.
The global fast-food franchise has struggled with inflation, particularly in its European operations.
This saw a 21.5% decline in its underlying net profit after tax (NPAT) to $71.7 million.
As you'd expect, this also led to a 23.8% reduction in Domino's partially franked interim dividend, which came out at 67.4 cents per share. Still, adding in the 68.1 cents per share final dividend, Domino's is trading at a trailing yield of 2.5% following yesterday's share price falls.
Shorter term, the company may still face some headwinds, with management advising new store openings may fall short of the 8% to 10% expansion target.
However, following the $165 million capital raising announced in December, Domino's long-term growth plans appear strong. The company will use those funds to help acquire the portion of its German joint venture partner that it doesn't already own.
With Domino's entrenching its position in the markets where it operates and likely to overcome the shorter-term headwinds it's facing at the moment, this ASX 200 dividend share is one that could provide investors with decades of passive income.
Fancy a 9% yield?
The second ASX 200 dividend share worth investigating is retail giant Harvey Norman Holdings Ltd (ASX: HVN).
Harvey Norman has yet to report its half-year earnings, but the company has been struggling over the year as consumers face rising costs and the company's big COVID bump comes to an end.
That's seen the share price slide 19% since this time last year.
Yet that hasn't stopped management from returning a lot of the profits to shareholders, declaring a total of 37.5 cents in fully franked dividends over the past 12 months.
At the current share price of $4.15, that works out to a trailing yield of 9.0%.
And while we may see profits and earnings decline in the upcoming results, Harvey Norman is another stock with a strong long-term outlook.
The company not only operates in Australia but has been rapidly expanding overseas. While that requires a healthy dose of capital and some time to see the returns, this is another ASX 200 dividend share that I believe should continue to offer reliable, long-term passive income to its shareholders.
