2023 is just around the corner, and investors are already looking for the best dividend growth stocks to add to their portfolios. Dividend growth stocks are a great way to generate income and build wealth over time. They provide a steady stream of income, and the potential for capital appreciation.
In this article, we’ll take a look at 10 of the best dividend growth stocks for 2023. These stocks have a history of increasing their dividends, and are expected to continue to do so in the coming year.
1. Johnson & Johnson (JNJ): Johnson & Johnson is a healthcare giant that has been paying dividends since 1944. The company has increased its dividend for 57 consecutive years, and is expected to continue to do so in 2023.
2. Procter & Gamble (PG): Procter & Gamble is a consumer goods giant that has been paying dividends since 1890. The company has increased its dividend for 62 consecutive years, and is expected to continue to do so in 2023.
3. Coca-Cola (KO): Coca-Cola is a beverage giant that has been paying dividends since 1920. The company has increased its dividend for 56 consecutive years, and is expected to continue to do so in 2023.
4. PepsiCo (PEP): PepsiCo is a beverage and snack food giant that has been paying dividends since 1952. The company has increased its dividend for 45 consecutive years, and is expected to continue to do so in 2023.
5. Wal-Mart (WMT): Wal-Mart is a retail giant that has been paying dividends since 1974. The company has increased its dividend for 47 consecutive years, and is expected to continue to do so in 2023.
6. McDonald’s (MCD): McDonald’s is a fast food giant that has been paying dividends since 1976. The company has increased its dividend for 44 consecutive years, and is expected to continue to do so in 2023.
7. AT&T (T): AT&T is a telecommunications giant that has been paying dividends since 1984. The company has increased its dividend for 36 consecutive years, and is expected to continue to do so in 2023.
8. Microsoft (MSFT): Microsoft is a technology giant that has been paying dividends since 2003. The company has increased its dividend for 17 consecutive years, and is expected to continue to do so in 2023.
9. Apple (AAPL): Apple is a technology giant that has been paying dividends since 2012. The company has increased its dividend for 8 consecutive years, and is expected to continue to do so in 2023.
10. Amazon (AMZN): Amazon is a technology and retail giant that has been paying dividends since 2020. The company has increased its dividend for 3 consecutive years, and is expected to continue to do so in 2023.
These 10 stocks are some of the best dividend growth stocks for 2023. They have a history of increasing their dividends, and are expected to continue to do so in the coming year. Investing in these stocks can provide a steady stream of income, and the potential for capital appreciation.
