P - Time to Pounce: 2 Beaten-Down Ultra-High-Yield Dividend Stocks That Are Historically Cheap and Begging to Be Bought Right Now
2024-05-16 05:21:00 ET
One of the greatest aspects about putting your money to work on Wall Street is there are countless ways to grow your wealth. Regardless of your risk tolerance or investment focus, there are thousands of individual companies and/or exchange-traded funds (ETFs) that can meet your criteria.
But among this endless sea of possible investment strategies, one tends to rise above the pack. I'm talking about buying high-quality dividend stocks and hanging onto these positions over an extended timeline.
Recently, the analysts at Hartford Funds, in collaboration with Ned Davis Research, updated their data sets from an extensive study on dividend stocks that was released last year ("The Power of Dividends: Past, Present, and Future"). This duo compared the performance and volatility of dividend-paying stocks to non-payers over a half century (1973-2023).
For further details see:
Time to Pounce: 2 Beaten-Down Ultra-High-Yield Dividend Stocks That Are Historically Cheap and Begging to Be Bought Right Now