These Dividend Stocks Can Double Your Money in Under 10 Years
Dividend-paying stocks can provide excellent options for older investors looking to build steady income streams as they head into retirement. While such companies tend to not be great candidates to become 10-baggers in the next decade when it comes to stock price appreciation, they can provide solid returns many have the potential to double your cost basis within 10 years. That might not seem like a great return, but it can be precisely what a retiree needs, and investing in these stocks also reduces the level of unnecessary risk in a portfolio.
Here are three dividend-paying stocks that could double your money in under 10 years, either through price appreciation, dividend growth, or both.
Electronic Arts (NASDAQ: EA) is one of the largest video game publishers in the world. It has dominated the sports video game market for decades with franchises including FIFA Soccer and Madden NFL. Both of those video games have virtual monopolies in the markets for their respective sports, and they produce steady profits each and every year.
Source Fool.com
