10 High-Yield Dividend Stocks to Buy in 2023

1. AT&T (T)

Telecom giant with a dividend yield around 6%. Has been aggressively paying down debt and focusing on its core businesses.

Tobacco company with brands like Marlboro. Dividend yield around 8%. Recession-resistant business.

2.  Altria Group (MO)

Biopharma company with a diverse drug portfolio. Dividend yield over 4%. Has a strong pipeline and patent protections.

3.AbbVie (ABBV)

Tech company undergoing a transition to cloud, AI and security. Dividend yield above 5%. Strong free cash flow.

4. International Business Machines (IBM)

Energy infrastructure company with assets like pipelines. Dividend yield around 6%. Essential assets with stable long-term contracts.

5. Enbridge (ENB)

Owns infrastructure assets globally. Dividend yield around 4%. Defensive business model with built-in inflation protection.

6. Brookfield Infrastructure (BIP)

Leading telecom provider with focus on 5G. Dividend yield exceeds 6%. Cash cow business with recession resistance.

7. Verizon Communications (VZ)

Pharmaceutical giant with strong new drug pipeline. Dividend yield approaches 4%. Cash flow engine with iconic brands.

8. Pfizer (PFE)

Canadian bank with international exposure. Dividend yield over 6%. Strong capital position and risk management.

9.Bank of Nova Scotia (BNS)

Largest energy infrastructure company in North America. Dividend yield around 6%. Essential assets with multi-year contracts.

10. Kinder Morgan (KMI)