15 Best Dividend Stocks to Buy for 2023

With the market being down, it's appropriate to get the latest on the best dividend stocks as per this week's most recent edition of U.S. News Invested. Hope everyone had a very nice weekend.  

DECEMBER 15, 2022 Invested Advice, rankings and stock market news for investors.

Good morning, investors. Stocks fall after the Fed signals higher rates, but Delta gains ground on an upbeat earnings outlook. Highlights of today's newsletter include our market insights plus these new articles: 15 Best Dividend Stocks to Buy for 2023 Will Crypto Recover? A Recap of 5 Implosions in 2022 7 Best Socially Responsible Funds TODAY'S FEATURED STOCK STORY 15 Best Dividend Stocks to Buy for 2023 This has been a wild year for the stock market. The bear roared for most of 2022. Russia's invasion of Ukraine, a spiraling inflation crisis and an aggressive Federal Reserve interest rate-hiking campaign all roiled markets. Stocks rallied meaningfully as the year wound down on hopes of the Fed letting up on its rate hikes. However, the economy now risks a recession in 2023, and geopolitical tensions remain elevated as well. Furthermore, certain sectors, like housing, appear to be in a lot of trouble. So what's an investor to do? Dividend stocks remain a solid choice. With that in mind, here are 15 dividend stocks that are well positioned for whatever the economy may do in 2023 and beyond: Shel PLC (ticker: SHEL). Shell is one of Europe's largest integrated oil and gas companies. It has also been a pioneer in moving away from fossil fuel reliance. The company has invested heavily in renewables. For the meantime, however, oil, gas and chemicals continue to generate more than 75% of the company's profits. That's led to windfall results this year with the surge in energy prices. For now, Shell stock is offering up a generous 3.5% dividend yield. Verizon Communications Inc. (VZ). Verizon is one of the United States' three largest wireless carriers. This industry has historically been viewed as a safe haven, but recent events have challenged that notion. The industry has seen its growth taper off following the burst in demand during the pandemic. Costs remain elevated thanks to pricey 5G rollouts and expensive purchases of wireless spectrum. Combine rising costs with a mature industry, and the telecom carriers seem less attractive. The bears may be blowing things out of proportion, however, as Verizon is selling for just 7.4 times expected 2023 earnings, and analysts expect it to return to modest profit growth in 2024. Meanwhile shares pay a 6.9% dividend yield today. Click here to continue reading. 15 best dividend stocks to buy now: Shell PLC (SHEL) Verizon Communications Inc. (VZ) Royal Bank of Canada (RY) International Business Machines Corp. (IBM) Intel Corp. (INTC) Citigroup Inc. (C) Enbridge Inc. (ENB) 3M Co. (MMM) U.S. Bancorp (USB) Canadian Natural Resources Ltd. (CNQ) Walgreens Boots Alliance Inc. (WBA) Coca-Cola Femsa SAB de CV (KOF) Stanley Black & Decker Inc. (SWK) New York Community Bancorp Inc. (NYCB) Grupo Aeroportuario del Pacífico SAB de CV (PAC)