Those looking for reliable income and growth need to look no further
Growth potential and dependable dividends make these dividend stocks worthwhile in 2023.
Many long-term investors appreciate dividend stocks, for many reasons. Companies that pay back a portion of their profits to their shareholders via dividends are generally more reliable. Additionally, dividend stocks provide investors looking for income in retirement with a steady stream of passive income.
Generally, dividends are typically issued by well-established, financially stable companies that are often household names. And the most dependable dividend stocks have long histories of distributing capital to their shareholders. That’s what many such investors focus on.
With the market showing consistent improvement, dividend stocks are likely to provide growth and income in 2023. Investors can choose to reinvest their dividends back into a given stock, or can choose to receive the dividend payments as cash, which can provide a steady stream of income.
Dividend-yielding companies tend to be financially healthy and stable over the long term. They tend to be wise investments anytime, especially in an upward-trending market.
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