Here's why 2023 could be another solid year for dividend stocks — and how to play it

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Many major shops on Wall Street are bullish on dividend stocks in one form or another heading into 2023.

Credit Suisse's strategist Andrew Garthwaite said in a note to clients that he was overweight dividend aristocrats, or stocks that have a long track record of growing their payouts. That group — as tracked by the ProShares S & P 500 Dividend Aristocrats ETF — has outperformed the broader market in 2022, losing less than 6% on a total return basis. The fund's top holdings include Air Products & Chemicals and Caterpillar .

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