3 Dividend Stocks That Should Hold Up No Matter the Market Conditions
One reason investors love dividends is for the steady payout that comes regardless of whether the market is going up or down. That assumes, of course, that the company behind the payment is in a position to distribute some of its capital to shareholders even when the business itself takes a dip.
But another factor to consider when choosing a dividend stock is how that underlying business holds up during adverse market conditions. It may be for different reasons, but three stocks that check those boxes for reliable dividends and sustainable business models are big box retailer Costco (NASDAQ: COST), steel company Nucor (NYSE: NUE), and spice maker McCormick (NYSE: MKC).
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Source Fool.com
