3 Safe Ultra-High-Yield Dividend Stocks That Are Surefire Buys in October
Wall Street accommodates a variety of investing strategies. However, few have delivered such promising results as buying high-quality dividend stocks and hanging onto those stakes over long periods.
A report I often reference from 10 years ago demonstrates just how powerful income stocks can be for patient investors. The wealth management division of JPMorgan Chase found that public companies initiating and growing their payouts between 1972 and 2012 generated an annualized return of 9.5%. By comparison, public companies with no dividend produced an annualized return of just 1.6% over the same four-decade span.
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Source Fool.com
JPMorgan Chase & Co. Stock
€184.28
-0.450%
With 32 Buy predictions and not a single Sell prediction JPMorgan Chase & Co. is an absolute favorite of our community.
As a result the target price of 202 € shows a slightly positive potential of 9.62% compared to the current price of 184.28 € for JPMorgan Chase & Co..
