4 Ultra-High-Yield Dividend Stocks To Buy Hand Over Fist Right Now
It's been proven that reinvested dividends accounted for 84% of the S&P 500's total returns from 1960 to 2020. To this point, a $10,000 investment in the S&P 500 in 1960 would have grown more than $3.8 million by 2020 with dividends reinvested. Had dividends not been reinvested, that same investment would have turned into just $627,000. For investors who still have a long way to retirement, the real takeaway here is if you aren't reinvesting dividends, you're sacrificing a lot of money decades from now.
Here are four ultra-high-yielding dividend stocks you can purchase hand over fist and trust for reliable income to reinvest until you eventually need to access that income in retirement.
Source Fool.com
