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3 Dividend Stocks to Buy in 2023 📈
These 3 dividend stocks consistently payout growing dividends and the stock price continues to rise over time which is why I will be buying them in 2023.
McDonald’s
McDonald's has paid dividends since 1976, and management just raised the payout by 10% for the company's 46th consecutive annual increase. On a total return basis, factoring in the dividends, McDonald's has returned 49% to the S&P 500s 32%.Â
Coca Cola
Coke stock is every bit of a dividend king as it has raised its payouts for 60 years consecutively. Currently the yield is around 2.75% which is a bit lower than usual, but that’s because the stock price is up 9% year to date and is far outperforming the S&P 500
American Express
American Express just posted outstanding earnings and YTD the stock price is up a staggering 16% YTD. The current yield is 1.21% which might not seem like an attractive yield, but yield isn’t everything in dividend investing. American Express over the past 5 years is up almost 100% and is a must buy stock in 2023
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Mark Plymale is NOT a financial advisor. All of the content on this channel is strictly for entertainment purposes.
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