Dividend stocks have historically delivered the best total returns. The average dividend stock has generated an average annual total return of 12.79% over the past several decades, — with dividend growers delivering an even better 12.87% total return — both of which are ahead of the S&P 500’s 12.29% total return. While that slight difference might not seem like much, it adds up over the decades.
Because of that long-term outperformance, investors should consider putting some dividend growth stocks into their portfolios. Three great ones to buy before 2021 are renewable energy producers Brookfield Renewable (NYSE: BEP)(NYSE: BEPC), Clearway Energy (NYSE: CWEN)(NYSE: CWEN-A), and NextEra Energy Partners (NYSE: NEP). All three offer above-average current yields and attractive growth forecasts.