Have $1,000? 2 Top Dividend Stocks to Buy Right Now

Even in the current inflationary environment, where stocks across a wide variety of sectors are trading down, companies with a favorable history of growing investor returns in a range of markets are still ripe for the taking. If you're looking to add more dividend stocks to your portfolio this month, it's important to focus on companies that not only regularly increase their payout to investors but have a long track record of maintaining their dividends even in difficult environments. Here are two such top dividend stocks to consider adding to your portfolio ASAP.

AbbVie (ABBV) originated as a spin-off of Abbott Laboratories nearly a decade ago, and in doing so, inherited its predecessor's dividend history. AbbVie holds a coveted spot on the list of Dividend Kings. The stock, which currently yields 3.6% for investors, has seen its dividend rise by approximately 270% in the decade since it became an independent company. In turn, the stock has delivered a total return of 606% for investors in that same period. In a challenging macro environment where consumers are regulating their spending, you're not alone if you find yourself shying away from stocks that might be directly impacted by these trends. However, a household name and consumer staples giant like Kimberly-Clark (KMB) has the staying power to ride out the current environment and beyond.

Source: Motley Fool

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