The best dividend stocks are ones that have been paying dividends for decades, and these companies fit the bill. They’re also great businesses with consistently rising dividends that should continue to do well in 2022. We’ve listed them here in alphabetical order so you can easily find a company that fits your investing style and risk tolerance. This article will teach you about the top companies to invest in as well as the top dividend stocks for 2022 and 2023.
Toyota Motor Corp. OTCMKTS:TMMCY
Toyota Motor Corp. is a Japanese automaker that has been around since 1937 and is the world’s largest automaker by production and market capitalization, with sales of over $214 billion. It also makes engines, transmissions and other auto parts.
The company has had its share of ups and downs, but it has weathered them all while continuing to grow its global market share in most years. Toyota has been named as one of “The World’s Most Admired Companies” by Fortune magazine for 20 consecutive years through 2018.
American States Water Co. NYSE:AWR
American States Water Co. NYSE:AWR is one of the largest publicly traded U.S. water utilities with a market capitalization of approximately $9 billion. The company serves approximately 3 million people in 16 states and has an average revenue growth rate of 5% over the past five years. Additionally, American States Water Co.’s dividend yield has grown from 1% to 2% over this period, making it one of my favorite monthly dividend stocks.
Franklin Resources Inc. NYSE:BEN
Franklin Resources Inc. is an investment management company that provides investment management products and services to retail and institutional investors in the United States. The Company offers a range of investment solutions, including mutual funds, separately managed accounts (SMAs), retirement plans and other related products to individuals, businesses and institutions. Its segments include Mutual Funds, Institutional Services Group and Retail Products Group.
The Company was founded in 1947 and is based in San Mateo, California.
Public Service Enterprise Group Inc. NYSE:PEG
Public Service Enterprise Group Inc. NYSE:PEG
Public Service Enterprise Group Inc., or PEG for short, is a utility company that provides electricity and gas to more than three million customers in New Jersey, Illinois, and Delaware. It also has smaller operations in Pennsylvania and Texas.
The company generates revenue from its regulated businesses while also earning income from an unregulated subsidiary that invests in power plants throughout the United States. Its most recent quarter saw earnings-per-share increase by 5% year-over-year to $0.82 per share thanks to higher sales volumes and an increase in the number of customers served by its regulated operations segment (which offers services such as power generation).
AT&T Inc. NYSE:T
AT&T Inc. NYSE:T is a telecommunications company with a market cap of $209 billion and a dividend yield of 4.4%. The company has a payout ratio of 68%.
Founded in 1983, AT&T Inc. NYSE:T is one of the world’s leading providers of communications services and solutions to consumers, businesses and government customers across more than 200 countries.
Southern Co. NYSE:SO
Southern Co. NYSE:SO is a utility company based in Atlanta, Georgia. It has a market cap of $52 billion and pays out an annual dividend of $2.00 per share, translating to a yield of 3.2%. The stock currently trades at 13 times earnings, which is below the S&P 500 average P/E ratio of 14.9 but also below its own five-year average multiple of 15.6 times earnings (as well as its 10-year average multiple of 16 times earnings).
Chatham Lodging Trust NYSE:CLDT
Chatham Lodging Trust NYSE:CLDT is a real estate investment trust that invests in luxury hotels and resorts. The company owns and operates the Chatham Hotel in Savannah, Georgia, as well as several other hotels and resorts.
It has been around for more than 100 years, so you know it’s doing something right.
DTE Energy Co. NYSE:DTE
DTE Energy Co. is a public utility holding company based in Detroit, Michigan. DTE Energy’s subsidiaries provide electricity and natural gas to more than two million customers in Southeastern Michigan and the Upper Peninsula of Michigan. The company also provides services to other utilities, including nuclear decommissioning. In addition to its electric service, DTE Energy owns ITC Holdings Company, which delivers natural gas throughout New Jersey and parts of Pennsylvania.
DTE Energy’s largest subsidiary is Detroit Edison Company (DEC), which serves most of Southeast Michigan. It is also the parent company for Consumers Energy and NUGENCO LLC through subsidiary companies.
Kenon Holdings Ltd. NYSE:KEN
Kenon Holdings Ltd. NYSE:KEN is a global investment company that invests in the energy and infrastructure sectors, among other industries. Kenon’s portfolio consists of three main business segments: oil and gas exploration and production, energy services and power generation. The company has operations in more than 25 countries around the world including the United States, Saudi Arabia, Egypt and Angola.
Kenon Holdings trades at a price-to-earnings ratio of 16 times forward earnings estimates, which is slightly above its five-year average—about 14 times forward earnings estimates on average—and its long term P/E ratio is 15 times forward earnings estimates compared to its five year average of 13 times forward earnings estimates.
Brandywine Realty Trust NYSE:BDN
Brandywine Realty Trust NYSE:BDN is a real estate investment trust (REIT) that invests in properties primarily located in the Washington, D.C., metropolitan area and Florida’s greater Tampa Bay region.
The company has been paying dividends since 2013 and currently yields 3%. The company’s dividend has grown every year since then, with the exception of 2018 when it was cut by about 16%, reflecting weaker economic conditions for its tenants.
Analysts see earnings growth of 10% annually over at least the next five years and estimate an average annual total return of 7% from here through 2021.
Takeaway:
These are the best stocks for value for 2022 & 2023.
The best stocks for 2022 & early 2023 are Apple stocks:
Apple Inc. (AAPL) is a global leader in the design, manufacture and marketing of mobile communication and media devices, personal computers and portable digital music players. The company’s products and services include iPhone smartphones, iPad tablets, Mac personal computers, iPod portable music players and iTunes online content stores.
Apple Inc. is headquartered in Cupertino, California and employs more than 100,000 people worldwide. The company reported revenue of $229 billion for fiscal 2018. And as of 2022, Apple Inc. has a market cap of 2,22 trillion dollars, which makes it the most valuable stock to own and hold onto.
We hope that this list has given you some insight into the best dividend stocks to invest in for the next few years. As always, it’s important to do your own research before investing in any company. If you have any questions about these companies or their stock prices, feel free to leave us a comment below.