Looking to generate a passive income of £1,220 even during a recession? Consider investing in dividend stocks. Here are two options to consider:
1. Company A: This company has a strong track record of paying consistent dividends, even during economic downturns. With a solid balance sheet and a history of steady growth, Company A is a reliable choice for investors looking to generate passive income.
2. Company B: Another great option for dividend investors is Company B. This company operates in a stable industry and has a history of increasing its dividends over time. Even in the face of economic challenges, Company B has proven to be a resilient choice for income-seeking investors.
By investing in these dividend stocks, you can work towards building a passive income of £1,220, regardless of the economic climate. Remember to do your own research and consult with a financial advisor before making any investment decisions.