Investing in stocks has been considered an ideal way to build wealth. It can generate steady income for your portfolio while growing your money. There are companies that pay investors a share of their profits, which can become a source of income for passive income investors. Dividend stocks should be a part of every investor’s portfolio, but with hundreds of stocks to choose from, it can become overwhelming to pick the right ones.
Dividends have been an essential part of the total returns of the market. You can enjoy compounded returns if you reinvest the dividends. If you’re looking to build a portfolio of stocks that consistently reward shareholders, here are three stocks perfect for every portfolio.
This post originally appeared at 24/7 Wall St.