My Favorite Dividend Stocks for 2023
Dividend stocks can provide resilience and growth to your portfolio in a wide variety of market environments. When you're looking to boost your stable of income stocks, it's important to focus on companies that not only have a history of maintaining and raising their dividend, but have a track record of doing so over many years in both up and down markets.
Here are two fantastic dividend stocks that fit that bill and are no-brainer buys as investors kick off a new month in 2023.
Johnson & Johnson (NYSE: JNJ) has raised its dividend for 60 years in a row and counting. At the time of this writing, the healthcare giant pays a dividend that yields around 3%. And over the trailing decade, that dividend has grown by roughly 71%, while the stock has delivered a total return of 153% during that same period of time.
Source Fool.com
