The Best Defense Dividend Stocks for a Lifetime of Passive Income
The long history of the stock market tells us one of the best things you can do with your money is buy dividend stocks. Time and again studies show dividend stocks outperform nonpaying ones by healthy margins, and even when the market has generated negative returns across certain decades, income-generating stocks still produced gains.
Several years ago, J.P. Morgan Asset Management found that stocks that initiated and then raised their payouts over a 40-year period between 1972 and 2012 returned an average of 9.5% annually, versus just 1.6% for non-dividend-paying stocks. Over rolling three-year periods, the higher-yielding securities beat the low- and non-dividend-yielding securities about two-thirds of the time.
Image source: General Dynamics.
Source Fool.com
