7 Best Dividend Stocks to Buy Now in June 2023

By Eric Cuka – Jun 1, 2023 at 4:23PM

NASDAQ: QCOM

Qualcomm

Market Cap

$180B

Today's Change

(-1.90%) -$3.06

Current Price

$158.38

Price as of April 19, 2024, 2:10 p.m. ET

These top dividend stocks are attractive at these levels and lower, and they add excellent diversity to a long-term investing portfolio.

Today, I provide my seven best dividend stocks to buy for the month of June. Dividend stocks are a great way to add balance and passive income to a long-term investing portfolio. Compound interest is often called the eighth wonder of the world, and dividends are a great way to accelerate your wealth.

Two of my favorite dividend stocks on the list are Nike (NKE -0.50%) and Qualcomm (QCOM -1.90%). To see the other five dividend stock picks and more information, please watch the video below.

*Stock prices used were the morning prices of June 1, 2023. The video was published on June 1, 2023.

Bank of America is an advertising partner of The Ascent, a Motley Fool company. Eric Cuka has positions in AbbVie, Bank of America, Deere, Nike, Schwab U.S. Dividend Equity ETF, and Tractor Supply. The Motley Fool has positions in and recommends Bank of America, Nike, and Qualcomm. The Motley Fool recommends Deere, Tractor Supply, and Vici Properties and recommends the following options: long January 2025 $47.50 calls on Nike. The Motley Fool has a disclosure policy.

Eric Cuka is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel.