Dividend Stocks: The Fast Track to Wealth Creation Amidst Market Volatility
In the realm of Wall Street investments, dividend stocks have emerged as a cornerstone for building wealth, outperforming non-dividend-payers across extended durations. A comprehensive report by Hartford Funds, in collaboration with Ned Davis Research, reveals the superior performance of dividend-paying stocks—boasting an average annual return of 9.18% over 50 years (1972-2022) and exhibiting 6% less volatility compared to the benchmark S&P 500 index. Conversely, non-dividend stocks lagged with a mere 3.95% return, paired with 18% greater volatility.
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