2 Recession-Proof Dividend Stocks to Buy Before 2022 Ends
With a recession possibly on the way, investors would be wise to strengthen their portfolios in preparation. And businesses with well-known brands that sell essential products to customers are as close to recession resistant as possible.
Investors in search of companies that pay steadily growing passive income need look no further than McDonald's (NYSE: MCD) and PepsiCo (NASDAQ: PEP): The two stocks boast nearly a century of consecutive dividend hikes between them. Here's why the consumer staple stocks appear to be great buys for dividend growth investors.
With nearly 40,000 restaurants serving 63 million customers every day in over 80 countries, McDonald's is a truly global brand. Aside from the company's masterful branding and sky-high brand recognition, its business model has made the company a true success.
Source Fool.com
