One of the best things about investing on Wall Street is there's a strategy that can satisfy everyone. With thousands of publicly traded companies and exchange-traded funds (ETFs) to choose from, pathways exist for investors of varying risk tolerances to grow their wealth over time.

But among these seemingly countless plans of action, buying and holding high-quality dividend stocks is a tough strategy to beat. Recently, the analysts at Hartford Funds, in collaboration with Ned Davis Research, updated their data sets for a lengthy report ("The Power of Dividends: Past, Present, and Future") they issued last year that examined the outperformance of dividend stocks over the long run.

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Source Fool.com