The Smartest Dividend Stocks to Buy With $500 Right Now

Are you looking for a smart way to generate passive income? Look no further than dividend stocks, which can be an excellent source of income. Dividend stocks are shares of companies that consistently pay a portion of their profit to investors.Some companies aim for lofty dividend yields. While this may be appealing, those high dividend payouts aren't necessarily sustainable over time. What you really want are companies that grow their payouts year after year.In the report "The Power of Dividends: Past, Present, and Future," by Hartford Funds and Ned Davis Research, researchers found that dividends play a significant role in driving investors' total returns over time. In fact, since 1960, a staggering 85% of the cumulative return of the S&P 500 has come from reinvested dividends, compounding over time.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool