Here's 1 High-Yield Dividend Stock You Can Trust
Dividend stocks can be a great source of income for retirees. But that doesn't mean retirees are the only investors who should consider dividend-paying stocks. From 1989 through 2019, dividend-paying stocks generated an annual return of 11.6% (when dividends were reinvested) versus non-dividend paying stocks, which returned 8.3%, according to a report by Principal Street Partners. Dividend stocks also outperformed the Russell 1000 index, which returned 10.1% over the same time.
Dividend stocks can be a great way to generate income and invest in sound businesses. That's because companies that pay out dividends consistently also tend to have good discipline and cash management skills to ensure shareholders receive a dividend payment.
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Source Fool.com
