3 Ultra-High-Yield Dividend Stocks That Can Help You Crush Inflation

Your wallet is not playing tricks on you. Over the past year, the price we pay for the goods and services we regularly buy has risen at the fastest rate in 40 years.

In February, the U.S. Bureau of Labor Statistics reported a 12-month trailing inflation rate of 7.9%. Not only is this pulling more money out of consumers' bank accounts, but it's devaluing the purchasing power of the cash investors have lying around. The good news is there's a potential fix for this second issue.

Dividend stocks have a rich history of mopping the floor with non-dividend payers. A 2013 report from J.P. Morgan Asset Management, a division of JPMorgan Chase, found that dividend stocks averaged a 9.5% annual return between 1972 and 2012, which compared to a mere 1.6% average annual gain for non-dividend payers over the same period. The hardest part for investors is simply figuring out which high-yielding stocks to buy.

Source Fool.com