3 Ultra-High-Yield Dividend Stocks Billionaires Are Sinking Their Teeth Into
One of the greatest things about investing on Wall Street is that there are countless strategies that can be used to grow your wealth. While there's no one-size-fits-all approach, buying and holding high-quality dividend stocks has been a strategy that's fared better than most.
Last year, the investment advisors at Hartford Funds released a report ("The Power of Dividends: Past, Present, and Future") that examined the outperformance of dividend-paying stocks, when compared to non-payers, over time. In particular, one data set, which was calculated in collaboration with Ned Davis Research, found that dividend stocks more than doubled the average annual return of non-payers over a half-century: 9.17% to 4.27% between 1973 and 2023.
This outperformance isn't lost on Wall Street's smartest investing minds.
Source Fool.com
