From Nasdaq, Inc.:

2023 was a great year for stocks. The S&P 500 soared 24%, and the Dow Jones Industrial Average hit a record high. Some stocks didn’t keep pace with the benchmark index, but offer above-average dividend yields. Medtronic (NYSE: MDT) is the world’s largest manufacturer of medical devices that health systems purchase in bulk, and has earned regulatory approvals for multiple devices. AbbVie (NYSE: ABBV) was the biopharmaceutical arm of Abbott Laboratories before it spun out on its own in 2013, and raised its payout by 287% over the past decade. Both companies are showing potential for continued growth and strong dividends in the future.



Read more: 2 Ultrareliable Dividend Stocks to Buy in 2024 and Hold for at Least a Decade