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Should you invest in ASX dividend stocks?

Many investors add ASX dividend stocks to their portfolios for the long term. While this is a sound investment strategy, it also means that any errors are correspondingly magnified. One key thing to note is that the below ‘top 10’ dividend stocks are not the highest yielding.

What are the Top ASX dividend stocks?

Fiducian Group (ASX:FID) 4.36% MFF Capital Investments (ASX:MFF) 3.00% National Storage REIT (ASX:NSR) 4.60% Premier Investments (ASX:PMV) 4.21% New Hope (ASX:NHC) 7.89% Grange Resources (ASX:GRR) 8.89% Australian United Investment (ASX:AUI) 3.52% Click here to see the full list of 31 stocks from our Top ASX Dividend Stocks screener.

Should dividend stocks be better than the ASX 300 Index?

My goal for the dividend stocks is that each of them should provide resilient annual income and perform better than the ASX 300 index including franking credits over a 10-year period. The index has historically returned about 10% per annum including franking credits.

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