JNJ - 3 High-Yielding Dividend Stocks That Could Beat the Market in 2023
Dividend stocks can be a safe place to park your money amid a downturn in the markets. These investments tend to be more stable options than growth stocks and provide you with a regular cash payout that helps offset your portfolio's losses in a bear market.
Three stocks that not only provide better yields than the S&P 500 average (1.7%), but that could rise in value next year and continue to outperform are Johnson & Johnson (NYSE: JNJ) , PepsiCo (NASDAQ: PEP) , and Village Super Market (NASDAQ: VLGEA) . Let's find out a bit more about these three high-yielding dividend stocks that could beat the market in 2023.
Healthcare giant Johnson & Johnson has a tremendous track record as a top dividend stock. It is a Dividend King , having raised its payouts annually for 60 consecutive years.
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3 High-Yielding Dividend Stocks That Could Beat the Market in 2023