3 Phenomenal High-Yield Dividend Stocks to Buy Hand Over Fist in 2024 and Hold Forever

Stock market trends come and go, but there's one currently popular strategy for everyday investors who want to secure a stream of passive income that never goes out of style. Buying dividend-paying stocks and holding them for long periods is still an easy and effective way to realize market-beating gains.

Investing in companies that have profits to distribute is a proven strategy. During the 50 years from 1973 through 2022, dividend-paying stocks in the S 500 delivered an average annual return of 9.18% compared to just 3.95% for companies in the same benchmark index that didn't offer a dividend.

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Source Fool.com