Want $500 in Super Safe Annual Dividend Income? Invest $5,750 Into the Following 3 Ultra-High-Yield Stocks
Historically speaking, one of the smartest wealth-building strategies on Wall Street is to trust in dividend stocks. Companies that offer a regular payout to their shareholders are usually profitable on a recurring basis and time-tested.
Even more important, income stocks have demonstrated their ability to outperform over long stretches. Roughly 10 years ago, J.P. Morgan Asset Management, a division of money-center bank JPMorgan Chase, released a report that compared the performance of publicly traded companies that didn't pay a dividend to those that initiated and grew their payouts between 1972 and 2012. The result of this 40-year look back was a 9.5% annualized return for the dividend-paying companies and a paltry 1.6% annualized return for the non-payers.
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Source Fool.com
JPMorgan Chase & Co. Stock
The stock is an absolute favorite of our community with 34 Buy predictions and no Sell predictions.
With a target price of 203 € there is a slightly positive potential of 1.74% for JPMorgan Chase & Co. compared to the current price of 199.52 €.