10 highly paid dividend stocks in the world in 2023 are here
1. Johnson & Johnson (JNJ)
Johnson & Johnson (JNJ) is one of the most highly paid dividend stocks in the world because it has a long and successful track record of paying dividends to its shareholders. The company has raised its dividend for 56 years in a row, making it a Dividend King.
JNJ has also consistently increased its dividend payments over the years and currently offers a dividend yield of 2.6%. Additionally, JNJ’s strong balance sheet and cash flow make it a reliable and safe dividend stock.
2. Microsoft Corporation (MSFT)
Microsoft Corporation (MSFT) is one of the most highly paid dividend stocks in the world because of its strong financials and history of steady dividend payments.
Microsoft has paid dividends since 2003 and has increased its dividend payments every year since then. In addition, the company has a strong balance sheet and consistent earnings growth, which makes Microsoft a very attractive dividend stock.
3. Exxon Mobil Corporation (XOM)
Exxon Mobil Corporation (XOM) is one of the most highly paid dividend stocks in the world because it has a long track record of consistently paying out dividends to shareholders.
The company has a high dividend yield, currently yielding 5.2%, which is higher than the industry average. Additionally, the company has a history of increasing its dividend payments, making it a reliable option for investors seeking a steady stream of income.
4. Apple Inc. (AAPL)
Apple Inc. (AAPL) is one of the most highly paid dividend stocks in the world because of its strong financial performance, strong brand recognition, and large customer base. Apple Inc.
has consistently increased its dividend payments over the past few years, and it currently has a dividend yield of 0.94%. Apple also has a diversified product portfolio, making it a safe investment for investors looking for reliable, long-term returns.
5. Procter & Gamble Co. (PG)
Procter & Gamble Co. (PG) is an attractive dividend stock because of its reliable and consistent dividend history.
The company has paid a dividend every year since its founding in 1837 and has increased its dividend for 62 consecutive years, making it a Dividend Aristocrat. Additionally, PG has a yield of 2.6% and a payout ratio of 64%, making it a relatively safe and high-yielding dividend stock.
6. Coca-Cola Company (KO)
Coca-Cola Company (KO) is a highly paid dividend stock because it has a long track record of consistently paying out dividends to its shareholders. It has a long history of increasing its dividend payout, which makes it a reliable source of income for investors.
Additionally, Coca-Cola has a low payout ratio and a high dividend yield, making it an attractive investment for income-seeking investors. The company also has a strong balance sheet, which provides a cushion for investors in the event of a market downturn.
7. Pfizer Inc. (PFE)
Pfizer Inc. (PFE) is considered one of the highest-paid dividend stocks in the world because of its consistent track record of paying steady and reliable dividends. Pfizer has paid dividends since 1983 and has increased them for 10 straight years.
The company has a strong history of financial stability, strong cash flow, and a diversified portfolio of products. Its dividend yield is currently around 4.8%, making it an attractive stock for income investors.
8. Walmart Inc. (WMT)
Walmart is one of the best dividend stocks in the world, primarily because it has a long track record of increasing its dividend payments to shareholders.
The company has paid out increasing dividends for 45 consecutive years and currently has a dividend yield of 1.9%. Walmart is also one of the largest companies in the world and is highly profitable, allowing it to easily cover its dividend payments.
Additionally, Walmart has a low payout ratio, meaning it pays out a smaller portion of its earnings as dividends, which allows it to reinvest the rest back into the company and continue to generate future profits and dividend payments.
9. Chevron Corporation (CVX)
Chevron Corporation (CVX) is highly valued as a dividend stock due to its strong financial performance, high yield, and consistent dividend payments.
The company has a long-standing history of increasing dividends, a streak that dates back more than three decades. With a current dividend yield of 5.4%, Chevron is one of the highest-yielding stocks in the S&P 500.
The company also has a relatively low payout ratio, which indicates that it has plenty of room to increase dividends in the future. Additionally, Chevron’s strong balance sheet and cash flow provide the company with the financial flexibility to sustain its dividend payments over the long term.
10. AT&T Inc. (T)
AT&T Inc. (T) is one of the highest-yielding dividend stocks in the world, with a dividend yield of 5.57%. The company has a long history of paying dividends and has increased its dividend payments for 35 consecutive years.
AT&T has a strong balance sheet and a large market capitalization, making it a reliable dividend stock for investors.