5 High-Yield Dividend Stocks to Make You Richer in 2020

5 High-Yield Dividend Stocks to Make You Richer in 2020

Posted On January 3, 2020 1:15 pm

New year, new you, new sources of potential income to pore over! The changing of the calendar offers an opportunity for income-seeking investors to find attractive or overlooked dividend stocks to add to their portfolios.

If you need any reminder, a J.P. Morgan Asset Management report from 2013 reminds us that dividend stocks have run circles around their non-dividend-paying peers for decades. Companies that initiated and grew their payouts between 1972 and 2012 had an average annualized return of 9.5%, compared to just 1.6% for non-dividend payers over the same time frame. Dividend stocks are usually also time tested and profitable businesses that can easily contend with stock market corrections and short-term recessions.

Of course, the biggest challenge income investors face is… Continue reading for the rest of the article at The Motley Fool

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