Want $500 In Passive Income? Invest $15,000 In 1 of These Dividend Stocks
Investors only seem to care about one thing this year: inflation. They have reason to be worried. The consumer price index (CPI), a measure of inflation, hit 8.3% on an annualized basis in April (not seasonally adjusted). High inflation can make for a tricky environment for investors.
When inflation gets elevated like this, investors often turn to dividend stocks as a good source of returns. According to Fidelity, dividend stocks account for about 40% of the S&P 500's total returns each year, on average, since 1930. However, when inflation was elevated in the 1940s and 1970s, dividend stocks accounted for over 65% of the market's total returns each year.
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Source Fool.com
