Want Safe Income? This Stock Raised Its Dividend in the Past 8 Recessions.
There are many concerns that the global economy is barreling toward a recession. That could have a major impact on corporate earnings, forcing companies to cut expenses to conserve cash, like pausing or reducing their dividend payments. This potential impact likely has income-focused investors on edge since a recession could affect their dividend income.
However, many companies pay dividends that can endure a recession. Federal Realty Investment Trust (NYSE: FRT) has proven the durability of its dividend over the years. The REIT's payout has continued rising through the last eight recessions.
Federal Realty Investment Trust started paying dividends in 1967. Since then, the U.S. economy has experienced eight recessions, according to the National Bureau of Economic Research:
Source Fool.com
National Cinemedia Inc. Stock
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the National Cinemedia Inc. stock is not clear.
Based on the current price of 0.31 € the target price of 6 € shows a potential of 1845.53% for National Cinemedia Inc. which would more than double the current price.
