3 stocks that have paid dividends for more than 100 years
Nowadays, building wealth is a major financial goal for many people. While gold, bonds, real estate or oil may be considered solid investments, there is one type of investment that outperforms all others in the long run - dividend stocks.
Not only do these stocks generate regular income, but they have also historically delivered higher returns than most other investment classes. In this article, we'll take a look at why dividend stocks are ideal for building wealth and introduce three companies with a long history of paying dividends that should be on your investment radar.
The most effective way to build wealth?
Dividend stocks have proven to be one of the best ways to build a lucrative retirement portfolio. Unlike stocks that don't pay dividends, dividend stocks generate much higher yields. For example, according to a JPMorgan Chase study that compared the performance of dividend and non-dividend stocks, dividend-paying stocks produced an annual return of 9.5% between 1972 and 2012,…