In such times, investors turn to dividend stocks because of the stabilizing impact they have on a portfolio. Over the past 50 years, 84% of the S&P 500's total return is a result of dividends and compounding. Data from Hartford Funds shows that, going all the way back to 1930, there has never been a single decade when dividend stocks in the index lost money. Read More...
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3 Unstoppable Growth Stocks to Buy and Hold for the Next Decade
Block (NYSE: SQ) is the company you may have known as Square, and it’s also the company behind many of those white payment contraptions lots of small companies use when they let you pay with a credit card. Block encompasses more than that, though; the digital payment specialist is home to not only Square but also Cash App, Spiral, TIDAL, and TBD. In Block’s third quarter, the growth stock’s revenue grew by more than 17% year over year, to $4.5 billion, with gross profit growing 38%.