Should You Buy 3 of the Highest-Paying Dividend Stocks in the Nasdaq?

Beware of ultrahigh yields, as they can spell trouble.If you're in the market for dividend-paying stocks, you're onto a smart investing strategy. That's because shares of healthy and growing dividend-paying companies are likely to rise in value over time, and their dividend payouts will tend to do the same. Check out the data below, adapted from a Hartford Funds report:Dividend-Paying StatusAverage Annual Total Return, 1973-2023Dividend growers and initiators10.19%Dividend payers9.17%No change in dividend p ...