Worried About a Recession in 2023? Buy This Ultra-High-Yield Dividend Stock

Among forecasters surveyed by the National Association for Business Economics, 60% of respondents think it's likely the U.S. will slip into a recession this year. It's impossible to tell exactly where the broader economy will head next, but it seems clear that conditions are strange right now, and factors including high inflation, rising interest rates, and signs of weakness in the banking sector mean there's plenty of uncertainty on the horizon. 

In the face of market volatility and the looming possibility of a recession, investors might be wondering how best to play the current environment. Predicting exactly what the market and broader economy will do over the next year may not be possible, but having top-tier dividend stocks backed by businesses that can withstand harsh conditions is a way to minimize downside risk and still leave the door open for returns. With that in mind, read on for a look at one of the best dividend stocks on the market. 

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