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2 Dividend Aristocrats to Buy for 2023

TheMotleyFool

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2 Dividend Aristocrats to Buy for 2023: https://g.foolcdn.com/editorial/images/711506/a-family-adding-coins-to-a-piggy-bank.jpg

Buying shares of a Dividend Aristocrat can be a good move whether you want some recurring dividend income or just a safe stock to buy and hold. These are businesses that have a great deal of stability and strong enough financials that they can justify making regular increases to their payouts.

Heading into next year, a couple of Aristocrats that look to be good investments are Abbott Laboratories (NYSE: ABT) and ExxonMobil (NYSE: XOM). Let's see why.

Healthcare giant Abbott Laboratories has a diverse business that generates over $1 billion in revenue every quarter from multiple segments, including medical devices, pharmaceuticals, diagnostics, and nutrition.

Source Fool.com

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