Want $100 in Consistent Monthly Dividend Income? Invest $9,555 in These 2 Phenomenal Ultra-High-Yield Dividend Stocks.
On Wall Street, there is no one-size-fits-all investment strategy. With thousands of publicly traded companies and exchange-traded funds (ETFs) to choose from, investors have a plethora of ways they can grow their wealth.
Nevertheless, some strategies have better track records than others at making investors richer. One approach that's historically worked wonders is buying and holding high-quality dividend stocks.
Last year, Hartford Funds released an extensive report that examined the many ways and scenarios dividend stocks have outperformed non-payers over long stretches. In particular, one table compared the average annual return of income stocks to non-payers over the last 50 years (1973-2023), while also taking into account the average volatility of each group.
Source Fool.com
