Want $1,000 in Super-Safe Dividend Income in 2024? Invest $9,750 Into the Following 3 Ultra-High-Yield Stocks
For more than a century, Wall Street has been a wealth-building machine. Although there are countless strategies that can, over time, make investors richer, few strategies have been more successful from a return standpoint than buying and holding dividend stocks.
The unmistakable lure of income stocks is that they outperform. According to a report issued last year by the Hartford Funds, in collaboration with Ned Davis Research, dividend-paying companies have generated an annualized return of 9.18% over the past half-century (1973-2022). By comparison, publicly traded companies that don't offer a payout have clawed their way to a more pedestrian annualized return of 3.95% over the same five-decade stretch.
These results shouldn't be a surprise. Companies that regularly dole out a dividend to their shareholders are often profitable on a recurring basis, time-tested, and capable of offering transparent, long-term growth guidance. They're just the type of business we'd expect to increase in value over long periods.
Source Fool.com
