One of the greatest aspects of putting your money to work on Wall Street is that there isn't a one-size-fits-all strategy to grow your wealth. But among the seemingly countless ways to grow your nest egg, it's tough to top the long-term success rate offered by purchasing high-quality dividend stocks.

Companies that pay a regular dividend to their shareholders tend to be profitable on a recurring basis and time-tested. These are businesses that have demonstrated their ability to navigate a challenging economic climate and come out stronger on the other side.

What's more, dividend stocks have statistically left non-paying companies eating their dust over long periods. A 2013 report from the wealth-management division of JPMorgan Chase found that companies initiating and growing their dividends generated an annualized return of 9.5% between 1972 and 2012. By comparison, publicly traded companies with no payout crawled to a meager 1.6% annualized return over this same four-decade span.

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Source Fool.com