These 7 Dividend Stocks Pay $98 Billion Annually, Combined, to Their Shareholders
Wall Street accommodates a variety of investment styles. Buying and holding time-tested dividend stocks over long periods just happens to be one of the more successful strategies.
The power of income investing is truly exemplified by a study released 10 years ago from the wealth management division of JPMorgan Chase (NYSE: JPM). This study found that public companies initiating and growing their payouts between 1972 and 2012 produced an annualized return of 9.5%. Comparatively, public companies that didn't offer a payout trudged their way to an annualized return of just 1.6% over the same period.
Although most investors tend to focus on yield, some brand-name businesses stand out for the sheer size of their nominal-dollar payouts. What follows are some of the biggest "givers" on Wall Street. These seven dividend stocks combine to pay out $98.2 billion annually to their shareholders.
Source Fool.com
JPMorgan Chase & Co. Stock
The stock is an absolute favorite of our community with 34 Buy predictions and no Sell predictions.
With a target price of 202 € there is a slightly positive potential of 3.35% for JPMorgan Chase & Co. compared to the current price of 195.46 €.
