2 Dividend Stocks to Double Up on Right Now
Caterpillar(CAT) The Motley Fool·2024-04-22 12:15
Here are two stocks with long track records of prioritizing returning capital to shareholders.Recent research from Hartford Funds suggests the seemingly mundane strategy of investing in dividend stocks could lead to substantial gains. Specifically, going back to 1960, approximately 85% of the S&P 500's impressive 51,000% surge is owed to reinvesting dividends and compounding.With that in mind, let's examine a couple of longtime dividend-paying stocks that might be worth buying even at or near 52-week highs. ...