3 Top Recession-Proof Dividend Stocks

3 Top Recession-Proof Dividend Stocks

3 Top Recession-Proof Dividend Stocks

  • BuzInvestors Bullish Recession-Proof Dividend Nobody likes a recession, especially when the stock market is at its peak and credit is so cheap. But the reality is that all boom times have to face an end.
  • if you’re an income investor, which are the top dividend stocks you should add to your portfolio if the economy runs out of steam
  • the next recession may not be that far off. According to a recent survey by The Wall Street Journal, economists believe there is a 60% chance that the next U.S. President will face a recession.

Recession-Proof Dividend Stocks to Own For 2017

3 Top Recession-Proof Dividend Stocks

Recession-Proof Dividend It’s very tough to get excited about Wal-Mart Stores, Inc.(NYSE:WMT) stock these days. The world’s biggest retailer has been in rough waters since online shopping began to take hold and companies like Amazon.com, Inc. (NASDAQ:AMZN) started to challenge this behemoth on its own turf.

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But consider the Wal-Mart stock performance during the most recent recession. From September 2007 to February 2009, when the S&P 500 tumbled 44%, Wal-Mart stock gained over 14%.

Procter & Gamble Co (NYSE:PG) is one solid stock which has never disappointed investors relying on its dividend income. Its global reach and diversification of its consumer products, which include “Crest,” “Pampers,” and “Gillette,” are among those household names which consumers buy no matter how severe the economic downturn is.

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The strength of its business and cash flows makes P&G a top dividend stock to hold in a bad economy. Imagine how many recessions the company has been through since its start in 1890. But during the past 126 years, Procter & Gamble has never missed paying a dividend.

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The Coca-Cola Co (NYSE:KO) stock is the one which also stands out at a time when markets are in a recessionary trend and people are drastically cut their spending. The company has a remarkable history of rewarding its investors with regular dividend payouts during both good and bad times.

With the current dividend yield of 3.35%, KO stock has paid quarterly dividend payments to investors since 1920. But that’s not the only reason which makes me excited about this company to own forever.

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