3 Cheap Dividend Stocks to Buy for December 2023

In this video YouTube video, I reveal to you three cheap dividend stocks to buy for December 2023. I own all 3 of these dividend stocks and I have them in my dividend growth investing strategy. Enjoy the video and subscribe for FREE videos

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I do own stocks mentioned in these videos and other videos I post, and there is always a risk in investing in stocks. I have studied these stocks, and feel very confident that this will grow and help you generate passive income in the future. *Note some stocks may change and I do stock/dividend analysis on stocks I am interested in as well….(read more)

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As we approach the end of 2023, many investors are looking for cheap dividend stocks to add to their portfolios. Dividend stocks are a popular choice for investors who are seeking a steady stream of income, and finding cheap dividend stocks can be a great way to maximize your investment returns. With that in mind, here are three cheap dividend stocks to consider for December 2023.

1. AT&T (T)
AT&T is a telecommunications giant that has been a reliable dividend stock for many years. Despite facing challenges in recent years, including the impact of the COVID-19 pandemic on its business, AT&T has continued to maintain its dividend payments. With a diverse business portfolio that includes wireless, broadband, and entertainment, AT&T is well-positioned to continue generating strong cash flows to support its dividend payouts. At its current price, AT&T offers an attractive dividend yield and could be a solid addition to a dividend-focused portfolio.

2. Pfizer (PFE)
Pfizer is a leading pharmaceutical company that has been in the spotlight due to its role in developing the COVID-19 vaccine. This has also brought attention to its dividend potential as a reliable income generator. The company has a strong track record of dividend payments and has continued to invest in research and development to drive future growth. Despite the recent market volatility in the healthcare sector, Pfizer’s attractive valuation and solid dividend yield make it a compelling choice for income investors.

3. General Electric (GE)
General Electric is a conglomerate with a long history and a strong presence in a variety of industries, including aviation, healthcare, and renewable energy. While the company has faced challenges in recent years, including a significant restructuring effort, it has made progress in improving its financial position and has continued to pay dividends. With a relatively low stock price and a commitment to returning value to shareholders, General Electric could be an interesting addition to a dividend-focused portfolio.

In conclusion, cheap dividend stocks can offer attractive income potential for investors looking to add income-generating assets to their portfolios. AT&T, Pfizer, and General Electric are three examples of cheap dividend stocks that could be worth considering for December 2023. As with any investment, it’s important to do your own research and consider your individual investment goals before making any investment decisions.