
The idea of dividend-paying stocks may not excite you, but it should. Sure, you can buy into a very promising company and watch the value of your shares rise over many years. But sometimes those stocks can stall for a year or two, or they can slump for a while. If they're healthy dividend payers, though, they will keep rewarding shareholders with regular dividend payments through fat times and lean times.
Consider this, from The Wall Street Journal: "Measured from 1928 through 2019, a basket of dividend payers in [the second quintile] saw a $1 investment turn into $25,395, according to Dartmouth College professor Kenneth French. A basket of nonpayers would have been worth just $2,139."
That's reflecting a universe of stocks divided into quintiles, with the first quintile encompassing the fifth of stocks sporting the highest dividend yields, the second quintile encompassing the fifth with the next-highest yields, and so on. In other words, it's suggesting that it's best to pass up the highest yields and look for ones that are simply high.
Here's a look at 15 dividend-paying stocks you might want to consider for your long-term portfolio.
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