Looking for Safe Income? This Stock Raised Its Dividend in the Last 7 Recessions.
Historically, dividend stocks have proved to be better long-term investments than stocks with no payout when comparing total returns. They also provide a bit more safety because investors will receive their dividends regardless of how their stock prices perform. Or at least that's the plan.
Part of being a good dividend stock isn't just offering a decent yield; it's also about offering a sustainable and reliable dividend. A great dividend that's unsustainable can be counterproductive.
For investors looking for safe and consistent income, S&P Global (NYSE: SPGI) can be a good go-to. The company has increased its annual dividend for 50 consecutive years. Over that time, it's managed to raise it through seven recessions. Not a bad track record.
Source Fool.com
