Want $300 in Super Safe Monthly Dividend Income? Invest $43,000 Into the Following 2 Ultra-High-Yield Stocks.

One of the best aspects of putting your money to work on Wall Street is that there's no one-size-fits-all strategy to wealth creation. With thousands of publicly traded companies and exchange-traded funds (ETFs) to choose from, there's an investment strategy that fits all investment tastes and tolerances.

But when examined with an even broader lens, few investment strategies have been more consistently profitable than buying dividend stocks and holding them over an extended period.

Last year, Hartford Funds released an extensive report ("The Power of Dividends: Past, Present, and Future") that examined the outperformance of income stocks over the long run. In a collaboration with Ned Davis Research, Hartford Funds noted that companies paying dividends delivered an average annual return of 9.18% over a 50-year period (1973-2022). Meanwhile, the non-payers generated a far more modest annual average return of 3.95% over a half century.

Continue reading

Source Fool.com