Best Dividend Stocks To Beat Inflation In 2023

  • 📰 Forbes
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

Dividends provide additional cash, and while the extra money doesn’t solve inflation’s impact entirely, it does make it less painful “Dividend payers can help beat the market in an inflationary environment in two ways,” says R. Burns McKinney, managing director and senior portfolio manager at NFJ

is unlikely to be the first name that comes to mind, but it has an important spot in how tech supports the global supply chain as one of the biggest players in tracking vehicle fleets. The industries it serves include oil and gas, construction, utilities, supply chain, mining, public transportation and agriculture.

Pinnacle Associates has held a position for five years in the South African company via American depositary receipts that trade in the United States. The dividend yield is 3.1%.ExxonMobil, one of the largest companies in the U.S., with a market capitalization of $471 billion, can also help buffer against the ill effects of inflation.

The company’s return on equity is 30%, “significantly higher than the industry average,” and it has increased its dividend every year for the past three decades. Exxon also has a diversified portfolio of oil, gas, and other energy products, including significant investment in renewable energy sources.Like companies that provide goods and services fundamental to human needs for warmth, energy and shelter, those that provide food will always have a ready market for their wares.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I would think T and PFE are pretty good dividend stocks if not better than some of these on the list.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Don't let taxes eat up your investment income: 3 high-yield stocks that are perfect for your TFSAUse your TFSA to invest in high\u002Dyield dividend stocks — here are three options
Source: TheStarPhoenix - 🏆 253. / 63 Read more »

Morgan Stanley's Slimmon names 'attractively priced' stocks to beat the economic uncertainty'The U.S. economy is not rolling over,' says the senior portfolio manager, who expects a slowdown will happen later than many have predicted.
Source: CNBC - 🏆 12. / 72 Read more »