The Best Dividend Stocks to Buy for the Fourth Quarter (and Beyond)
One of the most surefire ways to build wealth over time is to buy dividend stocks. Although income stocks are often mature, slower-growing businesses, their recurring profits and time-tested operating models tend to result in higher valuations over time.
According to a study from J.P. Morgan Asset Management, a division of JPMorgan Chase, there's no comparison between dividend stocks and non-dividend payers. In a 40-year stretch between 1972 and 2012, the report showed that companies initiating a dividend and growing their payout averaged an annualized return of 9.5%. As for non-dividend payers, they managed a paltry annualized return of 1.6% over the same time frame.
Whether you're a growth or value investor, there's an income stock that fits everyone's preferences. The following trio of dividend stocks are what I consider to be the best buys for the fourth quarter and, most importantly, well beyond.
Source Fool.com
