2 Dividend Stocks That Could Help Recession-Proof Your Portfolio
In a period of market turmoil, dividend stocks can often provide stability to a portfolio with the consistent payouts to shareholders and historically less volatile stock prices. Beyond the general dependability of dividend-paying stocks, companies with a history of increasing their dividends have historically outperformed the overall stock market.
With that in mind, here are three dividend stocks that could help recession-proof your portfolio.
Casey's General Stores (NASDAQ: CASY), a leading U.S. convenience-store chain, has raised its dividend for 23 consecutive years and has paid a dividend each quarter for more than 30 years. Its current quarterly dividend is $0.38 per share, which yields about 0.70%.
Source Fool.com
