P - Time to Pounce: 2 Ultra-High-Yield S&P 500 Dividend Stocks That Are Screaming Buys Right Now
2024-05-21 05:21:00 ET
Stocks have been a wealth-creating machine for investors over the long run. Though other asset classes have delivered a positive nominal return to patient investors, including gold, oil, housing, and Treasury bonds, none have come close to the annualized total return stocks have generated over the last century.
While innovation is a key growth driver on Wall Street, dividend investing has fueled this long-term outperformance.
Last year, investment advisory firm Hartford Funds released a report that examined the ins-and-outs of just how superior dividend stocks have been over long periods, when compared to publicly traded companies that don't offer a payout. In a collaboration with Ned Davis Research, Hartford Funds' report ("The Power of Dividends: Past, Present, and Future") found that dividend-paying stocks had more than doubled up the annualized returns of non-payers -- 9.17% vs. 4.27% -- over the previous 50 years (1973-2023).
For further details see:
Time to Pounce: 2 Ultra-High-Yield S&P 500 Dividend Stocks That Are Screaming Buys Right Now