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Want $1,500 in Quarterly Dividend Income? Invest $63,000 Into These Stocks

·6-min read
Want $1,500 in Quarterly Dividend Income? Invest $63,000 Into These Stocks
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While there is no shortage of strategies that are effective moneymakers on Wall Street, buying dividend stocks has been a particularly smart method to build wealth. In 2013, the J.P. Morgan Asset Management division of JPMorgan Chase released a report examining the average annual return of companies that initiated and grew their dividend between 1972 and 2012, as compared with publicly traded companies that didn't pay a dividend over the same period. The difference in average annual return was night and day.

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