3 Dividend Stocks That Turned $25,000 into $100,000 in 10 Years -- and None of Them Is a Tech Stock
Dividend stocks are often seen as safe, dependable investments for generating recurring income. They're not usually associated with growth -- but that isn't always the case. The three non-tech stocks below have generated impressive returns over the past decade, and also pay dividends.
Let's see how Novo Nordisk (NYSE: NVO), (NYSE: MA), and Costco Wholesale (NASDAQ: COST) have managed to accomplish that feat -- and whether they still make good investments today.
Novo Nordisk stock pays a dividend that yields 1.1%. It's not a huge payout by any means, but it's a respectable one for a growth stock; it can help pad your returns over the years and give you some modest recurring income. On a $25,000 investment, you could expect to collect about $275 from the stock over the course of a full year.
Source Fool.com
Mastercard Inc. A Stock
The stock is an absolute favorite of our community with 38 Buy predictions and no Sell predictions.
With a target price of 443 € there is a slightly positive potential of 2.57% for Mastercard Inc. A compared to the current price of 431.9 €.
