Want to become financially independent? Consider buying these wealth-creating dividend stocks.

Many people dream of becoming financially independent (it’s one of my top financial goals). There are many ways to make that dream a reality, and I’ve found that investing in high-quality dividend stocks is a proven wealth-building strategy.

The average dividend stock has generated an annualized total return of 9.2% over the past 50 years. So, if you invest $300 a month By investing in dividend stocks, you could build a million-dollar portfolio in about 30 years. You can grow your wealth even faster by investing more money or by finding stocks that can offer higher returns.

Companies that increase their dividends have historically produced even higher returns (10.2% annualized over the past 50 years). Real estate income (NYSE: O), Brookfield Infrastructures (NYSE: BIPC)(NYSE: BIP)And Enbridge (NYSE: ENB) stand out among the best wealth-creating stocks in terms of dividend growth. Investing regularly in this trio could help you become financially independent.

Source Fool.com