Want $600 in Super Safe Annual Dividend Income? Invest $7,625 Into the Following 3 Infallible Ultra-High-Yield Stocks.
There are a lot of ways to grow your nest egg on Wall Street. Investing in dividend stocks over the long run just happens to be a strategy with an exceptionally high return rate.
In 2013, the wealth management segment of JPMorgan Chase, America's largest bank by assets, released the results of a study that compared the performance of companies that initiated and grew their payouts between 1972 and 2012 to that of public companies that didn't pay a dividend to their shareholders. Unsurprisingly, the dividend stocks absolutely stomped the non-payers in the return column.
Over the stretch of four decades, the dividend stocks produced an annualized return of 9.5%. You'll note this is well ahead of the long-term annualized return rate of all commodities, as well as housing and bonds. Meanwhile, companies without a dividend generated a measly annualized return of 1.6% over 40 years.
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 3.42% for JPMorgan Chase & Co. compared to the current price of 195.32 €.
