P - 2 Ultra-High-Yield Dividend Stocks Billionaires Are Surprisingly Selling and the 1 Monthly Dividend Payer They Can't Stop Buying
2024-05-20 05:21:00 ET
One of the greatest things about putting your money to work on Wall Street is that there are countless strategies that can make you richer. Regardless of your risk tolerance or area(s) of focus, there are almost certainly individual stocks or exchange-traded funds that can help you grow your wealth.
But among these many strategies, few compare with the robust long-term returns generated by purchasing and holding high-quality dividend stocks .
Last year, investment advisory firm Hartford Funds, in collaboration with Ned Davis Research, released a report ("The Power of Dividends: Past, Present, and Future") that detailed the various ways dividend-paying stocks have outperformed non-payers over lengthy timelines . In particular, companies that regularly pay a dividend have delivered a 9.17% annualized return over the last half-century (1973-2023), and did so while being 6% less volatile than the benchmark S&P 500 . By comparison, non-payers produced a more modest 4.27% annualized return over 50 years and were 18% more volatile than the broad-based S&P 500.
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2 Ultra-High-Yield Dividend Stocks Billionaires Are Surprisingly Selling, and the 1 Monthly Dividend Payer They Can't Stop Buying