5 Virtually Unknown Passive Income Stocks With 6% and Higher Dividends

"Investors love dividend stocks because they provide dependable passive income streams and an excellent opportunity for solid total return. Total return includes interest, capital gains, dividends, and distributions realized over time."

"Since 1926, dividends have accounted for approximately 32% of the S&P 500's total return, while capital appreciation has accounted for 68%. Therefore, sustainable dividend income and the potential for capital appreciation are essential to total return expectations."

"A study by Hartford Funds, in collaboration with Ned Davis Research, found that dividend stocks delivered an annualized return of 9.18% over the 50 years from 1973 to 2023. Over the same timeline, this was more than double the annualized return for non-payers (3.95%)."

Dividend stocks are favored by investors for their dependable income and potential for total return, which includes dividends and capital gains. Approximately 45,000 to 58,000 companies are listed globally, and a recent screening identified five dividend stocks with yields of 6% or higher. Historically, dividends have contributed significantly to total returns, accounting for about 32% of the S&P 500's total return since 1926. A study showed that dividend stocks outperformed non-payers significantly over 50 years, highlighting their importance in investment strategies.

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