Introduction
Investing in dividend-paying stocks is a popular strategy for investors seeking stable income and long-term growth. As we step into 2023, many investors are on the lookout for the highest dividend-paying stocks in the US. This article will explore some of the top dividend-paying stocks that have caught the attention of investors this year.
Top Dividend Paying Stocks in 2023
Exxon Mobil Corporation (XOM)
- Exxon Mobil is one of the largest oil and gas companies in the world, known for its consistent dividend payments.
- The company has a long history of increasing its dividend payments and currently offers a dividend yield of 3.4%.
Procter & Gamble Company (PG)
- Procter & Gamble is a leading consumer goods company that has been paying dividends since 1891.
- With a current dividend yield of 2.5%, the company is a favorite among income investors.
Johnson & Johnson (JNJ)
- Johnson & Johnson is a diversified healthcare company with a strong history of dividend payments.
- The company offers a dividend yield of 2.8% and has increased its dividend for 61 consecutive years.
Microsoft Corporation (MSFT)
- Microsoft is a technology giant that has been paying dividends since 2003.
- The company's current dividend yield is 1.4%, and it has increased its dividend for 19 consecutive years.
Intel Corporation (INTC)
- Intel is a leading semiconductor company with a strong dividend history.
- The company offers a dividend yield of 2.1% and has increased its dividend for 21 consecutive years.
Verizon Communications Inc. (VZ)
- Verizon is a telecommunications company that has been paying dividends since 1984.
- The company offers a dividend yield of 4.2% and has increased its dividend for 11 consecutive years.
AT&T Inc. (T)
- AT&T is a telecommunications company that has been paying dividends since 1985.
- The company offers a dividend yield of 6.1% and has increased its dividend for 10 consecutive years.
Case Study: Johnson & Johnson
Johnson & Johnson (JNJ) is a prime example of a company with a strong dividend-paying history. The company has increased its dividend for 61 consecutive years, making it one of the most reliable dividend stocks in the market.
Investors who bought Johnson & Johnson stock in 1963 and reinvested the dividends would have seen their investment grow significantly. According to Dividend.com, a
Conclusion
Investing in dividend-paying stocks can be a great way to generate income and long-term growth. As we enter 2023, the highest dividend-paying stocks in the US continue to offer attractive yields and stability. Investors should consider these top dividend-paying stocks as part of their investment strategy to achieve their financial goals.
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