Want $500 in Super Safe Annual Dividend Income? Invest $9,900 in the Following 3 Dividend Kings
Although Wall Street offers few guarantees, history has consistently shown that dividend stocks stand head and shoulders above their competition.
Back in 2013, J.P. Morgan Asset Management, the wealth management division of banking giant JPMorgan Chase, released a report that compared the annualized performance of publicly traded companies initiating and growing their payouts to companies that didn't offer a dividend. The span of this comparison was 40 years (1972-2012).
According to the report, the annualized return for dividend stocks was 9.5% over four decades. Meanwhile, the non-payers generated a menial 1.6% annualized return over the same timeline. Unsurprisingly, time-tested companies that are profitable on a recurring basis tend to outperform.
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 202 € there is a slightly positive potential of 2.89% for JPMorgan Chase & Co. compared to the current price of 196.32 €.
