Looking to invest in stocks that offer both growth potential and regular dividends? We’ve got you covered! In this post, we’ll be sharing a list of the best dividend growth stocks to buy right now in 2023. Our team has performed extensive research and analysis to narrow down the top picks that are poised for both short-term and long-term growth. Whether you’re a seasoned investor or just starting out, this post will provide valuable insights into the hottest dividend growth stocks to add to your portfolio. So, without further ado, let’s dive in!
Best Dividend Growth Stocks To Buy Now! Best Growth Dividend Stocks To Buy Right Now In 2023!
Introduction:
As the market remains unstable and unpredictable, investors have started exploring options that offer stability and downside protection. Dividend stocks, with their steady payouts, have emerged as a popular choice among investors. In fact, the S&P 500 distributed $565 billion in dividend payments in 2022, reflecting the growing demand for dividend stocks.
The video discusses the fifteen best dividend stocks to buy and hold. These stocks have a proven history of delivering stable returns and raising their payouts over time. In this article, we will explore some of the best growth dividend stocks to buy right now in 2023.
Dividend Stocks and Market Volatility:
Dividend stocks provide stability and downside protection during market volatility. These stocks pay out a portion of their profits to shareholders, which means investors can earn steady income regardless of market conditions. In other words, investors can rely on these stocks to generate income, even if the market is down.
Dividend Aristocrat Index:
Dividend stocks that have raised their payouts over time are delivering stable returns. The S&P 500 Dividend Aristocrat Index, for example, is up 2.05% year-to-date. This index comprises companies that have raised their dividends consistently for at least 25 years. These companies are often mature, stable, and well-established, which means they are less prone to market volatility.
Investing in Dividend Stocks:
Investors are loading up on dividend stocks this year due to high inflation and fluctuating market conditions. Dividend-focused exchange-traded funds (ETFs) are gaining fame for their long-term growth potential, diversification, and professional management. These ETFs typically invest in a portfolio of dividend stocks, providing investors with exposure to a diversified range of companies.
Dividend ETFs:
Investors are seeing value in dividend stocks, with over 180 US dividend ETFs worth a total of $384 billion. These ETFs offer investors access to a diversified range of dividend-paying stocks, allowing them to tap into the growth potential of these companies. Dividend ETFs are also preferred by many investors due to their low fees and professional management.
Best Growth Dividend Stocks To Buy Right Now:
Apple Inc. (AAPL): A technology giant that offers a dividend yield of 0.52% and a five-year dividend growth rate of 10.31%.
Microsoft Corporation (MSFT): A software and cloud computing company that offers a dividend yield of 0.85% and a five-year dividend growth rate of 10.36%.
Visa Inc. (V): A payment technology company that offers a dividend yield of 0.57% and a five-year dividend growth rate of 17.69%.
Johnson & Johnson (JNJ): A healthcare company that offers a dividend yield of 2.37% and a five-year dividend growth rate of 6.69%.
Pfizer Inc. (PFE): A pharmaceutical company that offers a dividend yield of 3.98% and a five-year dividend growth rate of 7.78%.
Procter & Gamble Co. (PG): A consumer goods company that offers a dividend yield of 2.63% and a five-year dividend growth rate of 6.81%.
McDonald’s Corporation (MCD): A fast-food company that offers a dividend yield of 2.17% and a five-year dividend growth rate of 7.71%.
Verizon Communications Inc. (VZ): A telecommunications company that offers a dividend yield of 4.35% and a five-year dividend growth rate of 2.62%.
Coca-Cola Co. (KO): A beverage company that offers a dividend yield of 3.02% and a five-year dividend growth rate of 1.99%.
Abbott Laboratories (ABT): A healthcare company that offers a dividend yield of 1.42% and a five-year dividend growth rate of 9.54%.
Conclusion:
If you are looking for stability and downside protection in the market, dividend stocks may be the way to go. Dividend stocks pay out a portion of their profits to shareholders, providing investors with steady income regardless of market conditions. With the growing demand for dividend stocks, investors are turning to ETFs to gain exposure to a diversified range of companies. The above-mentioned stocks are some of the best growth dividend stocks to buy right now in 2023. However, it’s important to do your due diligence and consult a financial advisor before making any investment decisions. Remember, the video mentioned in this article is not investment or financial advice and is for entertainment and/or educational purposes only.
