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Barchart’s Dividend Prospects screener – found approximately in the middle of the website’s customized screener interface – offers one of the most important tools available: passive income. While certainly not a call to abandon a growth-oriented approach, dividends offer much-needed breadth and balance for your holdings.
To use a sports analogy, the top baseball teams – the ones that consistently make it into the playoffs and go deep in the postseason – are the ones that feature healthy, balanced rosters. It’s not just enough to have superstars batting in the top of the order. If the bottom of the order is completely useless, that team will eventually lose some critical games.