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