5 Top Performing Dividend Stocks in January 2023

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1. Blackstone Inc. (NYSE:BX)

Year to Date Performance as of 1/30: 27.91%

Dividend Yield as of 1/30: 5.21%

Number of Hedge Fund Holders: 61

Blackstone Inc. (NYSE:BX) ranks #1 on our list of 12 Top Performing Dividend Stocks in January 2023 given its surge of nearly 27.91% in January as of 1/30. If interest rates don’t rise too much further and the economy doesn’t weaken as much as expected, Blackstone Inc. (NYSE:BX)’s real estate business could be stronger than expected and the company’s AUM growth could exceed estimates. As of 1/30, Blackstone Inc. (NYSE:BX) also has a dividend yield of 5.21% which is pretty attractive in the long term if the company grows earnings in the long term.

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