Top 10 US Dividend Paying Stocks to Watch in 2023

Investing in dividend-paying stocks can be a lucrative strategy for long-term investors. These companies offer regular income streams and can provide stability in volatile markets. If you're looking to build a diversified portfolio with high-quality stocks that consistently reward shareholders with dividends, here are the top 10 US dividend-paying stocks to watch in 2023.

1. Johnson & Johnson (NYSE: JNJ)

Johnson & Johnson is a healthcare giant known for its diverse product portfolio, including pharmaceuticals, medical devices, and consumer healthcare products. The company has a long history of paying dividends and is widely regarded as a "Dividend King," having raised its dividend for 61 consecutive years.

2. Procter & Gamble (NYSE: PG)

Procter & Gamble is a consumer goods giant with brands like Tide, Crest, and Pampers. The company has a strong track record of increasing its dividends annually and offers a yield of around 2.6%.

3. Microsoft Corporation (NASDAQ: MSFT)

Microsoft is a technology powerhouse with a wide range of products and services, including Windows, Office, and Azure. The company has been increasing its dividends for the past 19 years and currently offers a yield of approximately 1.4%.

4. AbbVie Inc. (NYSE: ABBV)

AbbVie is a biopharmaceutical company known for its innovative drugs, including Humira. The company has a history of increasing its dividends and offers a yield of around 4.2%.

5. Visa Inc. (NYSE: V)

Visa is a financial services company that operates the world's largest retail electronic payments network. The company has a strong track record of increasing its dividends annually and offers a yield of approximately 1.1%.

6. IBM Corporation (NYSE: IBM)

IBM is a technology company that provides a wide range of IT services and solutions. The company has been paying dividends for over 100 years and offers a yield of around 1.7%.

7. AT&T Inc. (NYSE: T)

AT&T is a telecommunications company that provides mobile and fixed-line telephone services, as well as broadband and television services. The company has a history of increasing its dividends and offers a yield of around 6.2%.

8. Pfizer Inc. (NYSE: PFE)

Pfizer is a global pharmaceutical company known for its innovative drugs, including Viagra and Lipitor. The company has a history of increasing its dividends and offers a yield of around 3.6%.

9. Intel Corporation (NASDAQ: INTC)

Intel is a technology company that designs and manufactures microprocessors and related products. The company has been paying dividends for over 20 years and offers a yield of around 2.3%.

10. 3M Company (NYSE: MMM)

3M is a diversified technology company that produces a wide range of products, including adhesives, films, and electronic materials. The company has a long history of paying dividends and offers a yield of around 2.8%.

When investing in dividend-paying stocks, it's important to consider factors such as the company's financial health, dividend growth history, and yield. By focusing on these top 10 US dividend-paying stocks, investors can build a portfolio that offers both income and potential for capital appreciation.