Want an Extra $1,000 in Reliable Annual Dividend Income? Invest $15,200 Into These 3 High-Yield Dividend Stocks

There's no wrong way to make money on Wall Street, but some methods are more reliable than others. If it's a stream of passive income you're after, then dividend-paying stocks are hard to beat.

During the 50-year stretch between 1973 and 2022, the average dividend-paying stock in the S&P 500 index returned 9.18% annually. The average non-dividend payer in that benchmark index rose at an annualized rate of just 3.95% over the same time frame, according to research from Hartford Funds and Ned Davis.

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Source Fool.com