These Dividend Stocks Can Double Your Money in Under 10 Years
Dividend stocks are for income, right? Investors shouldn't expect any significant growth, should they?
The correct answer to those questions is that it depends on which dividend stocks we're talking about. Some generate solid income but won't deliver much growth. Others, though, can give you the best of both worlds. Here are three dividend stocks that can even double your money in under 10 years.
You'll need to obtain an average annual return of at least 7.2% to double your money in under 10 years. Ares Capital (NASDAQ: ARCC) could do the trick for you based on its dividend payouts alone without breaking a sweat. Its dividend yield currently tops 10.1%.
Source Fool.com
