The Top 7 Dividend Stocks to Consider in 2023

Investing in dividend stocks can be a great way to generate passive income and build wealth over time. In this article, we will explore 7 of the best dividend stocks to consider in 2023.

Disclaimer: Please note that I am not a financial advisor and the information provided is my personal opinion, and should not be taken as professional financial advice.

Introduction: Investing in dividend stocks can be a great way to generate passive income and build wealth over time. With so many options available, it can be difficult to know which stocks are worth considering. In this article, we will explore 7 of the best dividend stocks to consider in 2023.

1. Johnson & Johnson (JNJ) Johnson & Johnson is a global healthcare company that has been paying dividends for over 50 years. They have a history of consistently increasing their dividend and have a current yield of 2.5%.

2. Procter & Gamble (PG) Procter & Gamble is a consumer goods company that has been in business for over 180 years. They have a strong brand portfolio and have increased their dividend for 65 consecutive years. Their current yield is 2.7%.

3. Verizon Communications (VZ) Verizon is a telecommunications company that has a reliable and steady income stream. They have been paying dividends for over 30 years and have a current yield of 4.3%.

4. Coca-Cola (KO) Coca-Cola is a beverage company that has been in business for over 130 years. They have a strong brand and global presence and have increased their dividend for 59 consecutive years. Their current yield is 3.2%.

5. Microsoft (MSFT) Microsoft is a technology company that has been paying dividends for over 15 years. They have a strong balance sheet and have increased their dividend for 10 consecutive years. Their current yield is 0.8%.

6. Target (TGT) Target is a retail company that has been in business for over 100 years. They have a strong brand and a loyal customer base. They have increased their dividend for 53 consecutive years and have a current yield of 2.3%.

7. JPMorgan Chase (JPM) JPMorgan Chase is a financial services company that has been in business for over 200 years. They have a strong balance sheet and have consistently increased their dividend. Their current yield is 2.3%.

   Conclusion:

   Investing in dividend stocks can be a great way to generate passive income and build wealth over time. The 7 stocks mentioned in this article are some of the best dividend stocks to consider in 2023. Remember to do your own research and consult with a financial advisor before making any investment decisions.

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