Last year was an awful time for most stocks. The major equity indexes entered a bear market, and the growth stock-heavy Nasdaq (NASDAQ: QQQ) lost more than 25%. With a potential recession looming in 2023, a steady stream of growing dividends is like a warm blanket for investors. Some have been banking dividends for years, while others are taking a fresh look at the advantages of dividend stocks. 

The advantages of dividend stocks include the following:

AbbVie (NYSE: ABBV), Visa (NYSE: V), and Texas Instruments (NASDAQ: TXN) not only beat the S&P 500 (NYSEMKT: SPY) in 2022 but managed positive returns over the past year when including their dividends, as shown below.

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Source Fool.com