Want to Collect $300 in Safe Monthly Dividend Income? Invest $32,850 Into These 3 Ultra-High-Yield Stocks.
Three supercharged income stocks -- sporting an average yield of 10.96% -- can fatten investors' wallets on a monthly basis..
With thousands of publicly traded companies and exchange-traded funds (ETFs) to choose from, investors have a myriad of ways to grow their wealth on Wall Street. But among these countless strategies, few have more consistently delivered for investors than buying and holding high-quality dividend stocks.
Companies that pay a regular dividend to their shareholders are typically profitable on a recurring basis and time-tested. Most importantly, they bring historical outperformance to the table.
In The Power of Dividends: Past, Present, and Future, the analysts at Hartford Funds, in collaboration with Ned Davis Research, compared the performance of dividend stocks to non-payers over a 51-year period (1973-2024). What they found was a marked disparity in the return column, with dividend payers delivering an average annual return of 9.2%, compared to an average of 4.31% for non-payers, annually.
