3 Dividend Stocks to Buy With $500 and Hold Forever
If you're looking to build long-term wealth, consistently investing in the stock market is a powerful strategy. Among the myriad of options, dividend investing stands out for those in search of passive income.Research by Hartford Funds (a division of Hartford Financial Services), in collaboration with Ned Davis Research, reveals a compelling narrative: Dividend-paying companies have historically outperformed their counterparts that don't pay dividends. Over a 50-year period, investors in dividend stocks enjoyed an annual return of about 9.2%, more than double the 4.3% return from non dividend payers.Dividend-paying companies tend to have steady cash flows, strong capital management, and a deep-rooted commitment to rewarding their shareholders. If you're looking for passive dividend income, here are three companies that offer payouts well above the S&P 500's current yield of just 1.24%.Continue reading
If you're looking to build long-term wealth, consistently investing in the stock market is a powerful strategy. Among the myriad of options, dividend investing stands out for those in search of passive income.
Research by Hartford Funds (a division of Hartford Financial Services), in collaboration with Ned Davis Research, reveals a compelling narrative: Dividend-paying companies have historically outperformed their counterparts that don't pay dividends. Over a 50-year period, investors in dividend stocks enjoyed an annual return of about 9.2%, more than double the 4.3% return from non dividend payers.
Dividend-paying companies tend to have steady cash flows, strong capital management, and a deep-rooted commitment to rewarding their shareholders. If you're looking for passive dividend income, here are three companies that offer payouts well above the S&P 500's current yield of just 1.24%.
