3 Magnificent Ultra-High-Yield Dividend Stocks That Are Screaming Buys in March
Wall Street has been making investors richer for more than a century. Thanks to thousands of publicly traded companies and exchange-traded funds, there's a strategy that can fit any investment style and risk tolerance. But when push comes to shove, buying and holding dividend stocks is an investment plan that's tough to beat.
Last year, Hartford Funds issued a report {"The Power of Dividends: Past, Present, and Future") that examined the outperformance and volatility-reducing tendencies of dividend stocks. In particular, a collaboration with Ned Davis Research revealed that companies paying dividends averaged an annual return of 9.18% over a half century (1973-2022). This compared to a considerably more modest average annual return of 3.95% for the public companies that didn't offer a payout over the same period.
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Source Fool.com
