Dividend Aristocrats are stocks with 25 or more years of paying and raising their dividends. Many of these companies can raise their dividends faster than the rate of inflation.
Today Luke walks you through the top 5 Dividend Aristocrat stocks to buy for 2023.
As 2023 approaches, Luke focuses on 5 names that fit the bill for potential investment: rising dividend payments, recent outperformance, and cheap valuations.
Top 5 Dividend Aristocrat Stocks to Buy for 2023
Lucas Downey breaks down the following Top 5 Dividend Aristocrat Stocks to Buy for 2023:
- 0:21 Genuine Parts Company (GPC)
- 2:02 Archer-Daniels-Midland Company (ADM)
- 3:36 Chevron Corporation (CVX)
- 5:25 AbbVie Inc. (ABBV)
- 7:21 Walmart Inc. (WMT)
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Disclosure: Luke holds long positions in ABBV in personal and managed accounts & WMT in personal accounts.