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In today’s uncertain economic environment, investors should look closely at stable, dividend-paying stocks. These stocks provide steady income and security through all market cycles, including recessions. However, no stock is completely risk-free, and even the most stable companies can face unexpected challenges and experience high stock volatility.
Let’s take a look at two high-yield dividend stocks that have shown the greatest resilience during economic downturns. These stocks have strong fundamentals, showing the potential to continue paying dividends during times of market uncertainty.
2 Reliable dividend stocks
Coca Cola Co. (NYSE:KO), a dividend king, is an excellent choice for any investor looking for significant liquidity at the lowest level of risk. With a market capitalization of $269.55 billion, Coca-Cola is the largest non-alcoholic beverage company in the world and has proven itself as a stable safe haven in the most turbulent markets. This dividend gem has been increasing its annual dividends for the past 60 years. You can buy it now and get a dividend yield of 3.06% on July 1, 2024. The ex-dividend date is June 14, 2024.
Verizon Communications Inc. (NYSE:VZ) is another stable and consistent quarterly dividend payer. The company has increased its dividends for 17 years in a row and currently offers a mouth-watering 12-month rolling dividend yield of 6.74%. The dividend yield has maintained a growth rate of 2.30% over the past ten years. Verizon has strong fundamentals to support future dividend payments, with a moderate dividend payout ratio of 58% indicating its ability to increase dividends in the future. Verizon is a good buy for investors interested in a safe, long-term investment that offers stable dividend income, as the stock has maintained high returns over the past seventeen years, including during the 2008 financial crisis.
2 High-yield alternatives
While these dividend stocks offer returns and stability, investors should also consider alternative investments that can deliver high returns and diversification. Two such options are Basecamp Alpine Notes and EquityMultiple’s Ascent Income Fund.
Basecamp Alpine Notes offer a powerful short-term cash management tool, with a target APY of 9.00% over 3 months and a minimum investment of just $1,000. These notes offer high liquidity and attractive compound interest rates, making them an ideal choice for investors looking to build their income-generating portfolio. As a special offer, Basecamp Alpine Notes are exclusive to new investors on the EquityMultiple platform, giving new investors a unique opportunity to take advantage of these favorable terms.
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The Ascent income fund targets stable income from senior commercial real estate debt positions and offers a historic distribution yield of 12.1%, backed by real assets. With payment priority and flexible liquidity options, the Ascent Income Fund is an important investment vehicle for income-oriented investors. New investors with EquityMultiple can now invest in the Ascent Income Fund with a reduced minimum of just $5,000.
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Although dividend stocks such as Coca-Cola and Verizon Communications Inc. provide returns and stability, investors should also consider alternative high-yield investments such as Basecamp Alpine Notes and EquityMultiple’s Ascent Income Fund. By diversifying your portfolio with a mix of dividend stocks and alternative investments, you can create a more resilient and balanced approach to income generation in all market conditions.
This article 2 Reliable Dividend Stocks and 2 High-Yield Alternatives to Protect Your Portfolio from Recession originally appeared on Benzinga.com
