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Want $1,500 in Reliable Annual Dividend Income? Invest $18,980 Into These 3 Exceptional High-Yield Stocks.

TheMotleyFool

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Want $1,500 in Reliable Annual Dividend Income? Invest $18,980 Into These 3 Exceptional High-Yield Stocks.: https://g.foolcdn.com/editorial/images/755458/smart-investor-looking-for-dividend-stocks-to-buy-getty.jpg

There's no wrong way to grow your savings with help from the stock market, but some tactics are more reliable than others. Over the past 50 years, and perhaps longer, dividend-paying stocks have wiped the floor with their non-dividend-paying cousins.

During the 50-year period from 1973 through 2022, the average dividend-cutting or eliminating stock in the S&P 500 index rose by just 3.95% annually. Over the same time frame, dividend-paying stocks in the same benchmark index returned 9.18% annually on average, according to Hartford Funds and Ned Davis Research.

Image source: Getty Images.

Source Fool.com

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