Dividend stocks are an investor’s best friends. Image source: Getty Images.
Dividend stocks are among the best investment tools to build wealth in the long run, simply because dividends, when reinvested, can grow manifold over the years as compounding works its magic. Income investors usually look for high yields, but great dividend stocks are those that have increased their payouts consistently for years regardless of the business conditions. And when those years stretch to decades, you know you’ve found the creme de la creme of dividend stocks.