Want $2,000 in Annual Dividend Income? Invest $17,650 Into the Following 3 Ultra-High-Yield Financial Stocks
What makes Wall Street great is that there's no one-size-fits-all strategy to build wealth. Regardless of your risk tolerance, there's a strategy that can work for you.
But among the myriad of investment approaches, buying and holding dividend stocks is unquestionably one of the most successful ways to make money on Wall Street. Companies that regularly return a percentage of their earnings to shareholders in the form of a dividend are almost always profitable, and they're typically time-tested. In other words, they're not companies you're going to worry about when going to sleep at night.
Dividend stocks have a history of outperformance, too. An oft-referenced report released 10 years ago from the wealth management division of JPMorgan Chase found that companies initiating and growing their payouts over a 40-year stretch (1972-2012) produced an annualized return of 9.5%. That was many multiples higher than the 1.6% annualized return for the non-payers during the same 40-year timeline.
Source Fool.com
JPMorgan Chase & Co. Stock
With 34 Buy predictions and not a single Sell prediction JPMorgan Chase & Co. is an absolute favorite of our community.
As a result the target price of 203 € shows a slightly positive potential of 1.8% compared to the current price of 199.42 € for JPMorgan Chase & Co..