89+ No-Brainer Best Dividend Stocks for 2023 & In Future

We are almost at the end of 2022; this year became the worst year in the stock market since 1969. So here at Statanalytica, we have gathered some information about the best dividend stocks for 2023. 

On the other hand, you can always find dividend stocks to buy in a market like this. If you’re like most investors, you can’t wait until 2023. The year 2022 will go down in history as a huge disappointment for the stock market, but it did create some exciting opportunities for top-tier dividend stocks.

So, in this post, we will tell you 89+ no-brainer best dividend stocks for 2023 and in the near future based on different categories. 

7 Dividend Stocks You Should Buy for 2023 and Beyond

Here in this section, we will tell you 7 best dividend stocks for 2023 and in the future:

1. Microsoft (MSFT): Market Capitalization: 1.82 trillion USD. 
2. Walmart (WMT): Market Capitalization: 402.12 billion USD
3. Aflac (AFL): Market Capitalization: 44.27 billion USD
4. Coca-Cola (KO): Market Capitalization: 274.78 billion USD
5. Chevron (CVX): Market Capitalization: 333.59 billion USD
6. AbbVie (ABBV): Market Capitalization: 292.51 billion USD
7. IBM (IBM): Market Capitalization: 133.15 billion USD

Top 6 Highest Paying Dividend Stocks in Canada to Buy in 2023

We listed the top 6 highest paying Canadian dividend stocks that you can buy in 2023:

1. Enbridge Inc. (ENB.TO) 

• Sector: Energy
• Dividend Yield: 6.39%
• Dividend Payout Ratio: 121%
• PE Ratio: 17.78
• 5 Year Dividend Growth Rate: 9.5%
• Dividend Increase Streak: 26 years

2. National Bank (NA.TO)

• Sector: Financial Services
• Dividend Yield: 3.82%
• Dividend Payout Ratio: 38.8%
• PE Ratio: 8.92
• 5 Year Dividend Growth Rate: 6.4%
• Dividend Increase Streak: 12 years

3. Canadian Imperial Bank of Commerce (CM.TO)

• Sector: Financial Services
• Dividend Yield: 5.12%
• Dividend Payout Ratio: 44.64%
• PE Ratio: 8.40
• 5 Year Dividend Growth Rate: 7.49%

4. Manulife (MFC.TO)

• Sector: Financial
• Dividend Yield: 5.66%
• Dividend Payout: 32.4%
• PE Ratio: 6.7
• 5 Year Dividend Growth Rate: 9.6%
• Dividend Increase Streak: 8 years

5. Fortis (TSX:FTS)

• Sector: Hospitals & Allied
• Dividend Yield: 4.50%
• Dividend Payout: 4.18%
• PE Ratio: 19.80
• 5 Year Dividend Growth Rate: 6.10%
• Dividend Increase Streak: 48 years

6. Alimentation Couche-Tard (ATD)

• Sector: Consumer Defensive
• Dividend Yield: 0.70%
• Dividend Payout: 14.5%
• PE Ratio: 16.17
• 5 Year Dividend Growth Rate: 19%
• Dividend Increase Streak: 12 years

The 20 Best Recession-Proof Dividend Stocks for a Downturn in 2022-23

Here are the 20 best recession-proof dividend stocks for 2023:

1. Magellan Midstream Partners (MMP): Dividend Yield: 8.32%.
2. Enterprise Products Partners (EPD): Dividend Yield: 7.96%.
3. Realty Income (O): Dividend Yield: 4.68%.
4. Duke Energy (DUK): Dividend Yield: 4.04%.
5. Exxon Mobil (XOM): Dividend Yield: 3.51%.
6. Kimberly-Clark (KMB): Dividend Yield: 3.39%.
7. Chevron (CVX): Dividend Yield: 3.29%.
8. Consolidated Edison (ED): Dividend Yield: 3.27%.
9. WEC Energy (WEC): Dividend Yield: 3.08%%.
10. Flowers Foods (FLO): Dividend Yield: 3.01%.
11. Coca-Cola (KO): Dividend Yield: 2.77%.
12. Public Storage (PSA): Dividend Yield: 2.70%.
13. Johnson & Johnson (JNJ): Dividend Yield: 2.55%.
14. PepsiCo (PEP): Dividend Yield: 2.52%.
15. Lockheed Martin (LMT): Dividend Yield: 2.49%.
16. General Mills (GIS): Dividend Yield: 2.48%.
17. Procter & Gamble (PG): Dividend Yield: 2.43%.
18. Colgate-Palmolive (CL): Dividend Yield: 2.42%.
19. McDonald’s (MCD): Dividend Yield: 2.25%.
20. Genuine Parts Company (GPC): Dividend Yield: 1.96%.

Note: The dividend Yield of companies changes over time (this data is as of 08/12/2022).

9 High-Yield Dividend Stocks to Buy In 2023

Here are the top 9 high-yield dividend stocks to buy in 2023 which are as follows:

1. Vale SA (VALE): Dividend yield: 9%.
2. British American Tobacco PLC (BTI): Dividend yield: 8.9%.
3. AllianceBernstein Holding LP (ticker: AB): Dividend yield: 8.8%.
4. Devon Energy Corp. (DVN): Dividend yield: 7.2%.
5. V.F. Corp. (VFC): Dividend yield: 6%.
6. AT&T Inc. (T): Dividend yield: 5.8%.
7. Gaming and Leisure Properties Inc. (GLPI): Dividend yield: 5.6%.
8. LyondellBasell Industries NV (LYB): Dividend yield: 5.3%.
9. Macerich Co. (MAC): Dividend yield: 5.3%.

10 Cheap Dividend Stocks to Buy in 2023

Take a closer look at these 10 cheap dividend stocks to buy in 2023, which are as follows:

1. Chimera Investment Corp. (CIM): Stock price: $8.50.
2. Equitrans Midstream Corp. (ETRN): Stock price: $9.27.
3. Yamana Gold Inc. (AUY): Stock price: $4.41.
4. Walgreens Boots Alliance Inc. (WBA): Stock price: $35.06.
5. AT&T (T): Stock price: $17.54.
6. Annaly Capital Management Inc. (NLY): Stock price: $6.45.
7. UWM Holdings Corp. (UWMC): Stock price: $3.62.
8. Hanesbrands (HBI): Stock price: $8.71.
9. Prospect Capital Corp. (PSEC): Stock price: $7.48.
10. Enterprise Products Partners (EPD): Stock price: $26.32.

7 Top-Tier Dividend Stocks for 2023 That You Should Buy

These are some of the best 7 top-tier dividend stocks for 2023 that you should buy:

1. Devon Energy (DVN): Market Capitalization: 42.00B USD.
2. Diamondback Energy (FANG): Market Capitalization: 24.03B USD.
3. Commercial Metals (CMC): Market Capitalization: 878.93K USD.
4. Star Bulk Carriers (SBLK): Market Capitalization: 1.89B USD.
5. Arbor Realty Trust (ABR): Market Capitalization: 2.39B USD.
6. Lockheed Martin (LMT): Market Capitalization: 126.11B USD.
7. Amgen (AMGN): Market Capitalization: 152.48B USD.

The Top 15 Dividend Stocks with Over a Decade of Dividend Growth

When it comes to finding the best dividend stocks for 2023, yield isn’t everything. Income investors understand there is no substitute for consistent dividend increases over time. So, as per this, we manage to find the 15 best dividend stocks for 2023 with over a decade of dividend growth:

1. Hormel Foods (HRL): Sector: Consumer staples.
2. Farmers & Merchants Bancorp (FMCB): Sector: Financials.
3. Lancaster Colony (LANC): Sector: Consumer staples.
4. Nordson (NDSN): Sector: Industrials.
5. Coca-Cola (KO): Sector: Consumer staples.
6. Colgate-Palmolive (CL): Sector: Consumer staples.
7. Johnson & Johnson (JNJ): Sector: Healthcare.
8. Cincinnati Financial (CINF): Sector: Financials.
9. 3M (MMM): Sector: Industrials.
10. Parker-Hannifin (PH): Sector: Industrials.
11. Emerson Electric (EMR): Sector: Industrials.
12. Genuine Parts (GPC): Sector: Consumer discretionary.
13. Northwest Natural Holding (NWN): Sector: Utilities.
14. Procter & Gamble (PG): Sector: Consumer staples.
15. Dover (DOV): Sector: Industrials. 

9 Oil Stocks With the Highest Dividends For 2023

Here we listed the top 9 pol stocks with the highest dividends for 2023:

1. Devon Energy Corporation (DVN): Current price = $58.02.
2. Canadian Natural Resources Limited (CNQ): Current price = $52.47.
3. China Petroleum & Chemical Corporation (SNP): Current price = $42.70.
4. CVR Energy, Inc. (CVI): Current price = $34.01.
5. BP p.l.c. (BP): Current price = $27.76.
6. Eni S.p.A. (E): Current price = $25.18.
7. NuStar Energy L.P. (NS): Current price = $13.30.
8. MV Oil Trust (MVO): Current price = $9.32.
9. Evolution Petroleum Corporation (EPM): Current price = $5.95.

Top 10 Tech Stocks That Pay a Dividend For 2023

In this section, we listed the best 10 tech stocks that pay the highest dividend:

1. International Business Machines (IBM)
2. Qualcomm (QCOM)
3. Oracle (ORCL)
4. Microsoft (MSFT)
5. Intel (INTC)
6. Cisco (CSCO)
7. Apple (AAPL)
8. Texas Instruments (TXN)
9. Corning (GLW)
10. Hewlett-Packard (HPQ)

Note: If you are looking to buy tech stocks, here are the 6 best tech stocks to buy now because it’s time to buy tech again.

Conclusion

This is the end of this post, about the best dividend stocks for 2023. On the other hand, in this post, we mentioned more than 89 best dividend stocks for 2023. 

Note: There are some consequences that you should always take care of if you are planning to buy the above-mentioned best dividend stocks for 2023. 

It is always better to do proper research on your own level to understand the pros and cons of dividend stocks.

I hope you like this post, which is on the best dividend stocks. If so, then please let us know in the comment section below. 

Happy investing!

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