The phrase "pays dividends" implies that an effort or investment results in a positive outcome or return. Some synonyms for this phrase include "reaps benefits," "yields results," "bears fruit," "returns a profit," "provides gains," and "delivers returns." These phrases convey the idea that putting in the time or resources to achieve a goal can lead to significant rewards. They are useful in a variety of contexts, ranging from personal endeavors to business ventures. No matter the situation, using these synonyms can help emphasize the importance of putting in the work in order to achieve success.