One of the best aspects of putting your money to work on Wall Street is that there isn't a one-size-fits-all strategy for success. Depending on your goals, investment risk tolerance, and interests, there's almost certainly a strategy that can make you richer over time. However, the caveat to the above is that it's tough to top the long-term outperformance of dividend stocks. Last year, a report released by the Hartford Funds ("The Power of Dividends: Past, Present, and Future"), in collaboration with Ned Davis Research, examined the annualized returns of dividend-paying stocks to non-payers over a half-century (1973-2022).