The beauty of investing for dividend income is that when it's done right, the strategy can provide investors with streams of inflation-topping growth in passive income. With the Consumer Price Index rising 7.1% year over year in November, besting inflation has been difficult as of late.

But there are still dividend growth stocks out there that have recently declared strong dividend hikes and could continue to do so. Here are two that are worth buying in 2023 and holding on to over the long run.

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Source Fool.com