If a market downturn is on the horizon then these are the dividend stocks you want juicing your portfolio's returns
There are many ways to make money on Wall Street. One of the best proven strategies is buying and holding dividend stocks for long-term wealth creation.
Countless studies prove the superiority of income-generating stocks. The asset managers at Hartford Funds looked at the performance of the benchmark S&P 500 going back to 1930. They found that although there were periods when the index produced negative returns, dividend stocks always produced positive returns. That was backed by JPMorgan‘s asset management division which found stocks that initiated and then raised their payouts over the 40 years between 1972 and 2012 returned an average of 9.5% annually, compared to just 1.6% non-dividend-paying stocks.
Mind you these results were across periods when there were recessions, depressions, world wars, global pandemics, and geopolitical events that crippled nations. Dividend stocks always shined.
If you think the U.S.’s third-quarter economic expansion was the high-water mark, what follows are seven dividend stocks for a market crash that will protect your portfolio.
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