Inflation is a concern for many investors, but there are two dividend stocks that could weather the storm. These companies have a history of strong performance even in times of high inflation.
One of the top dividend stocks to own during inflation is Johnson & Johnson. This healthcare giant has a diversified portfolio of products that are in demand regardless of economic conditions. With a solid track record of increasing dividends, Johnson & Johnson is a reliable choice for investors looking to protect their portfolios from the effects of inflation.
Another strong option for investors seeking dividends during inflation is Procter & Gamble. This consumer goods company has a wide range of products that consumers need on a daily basis. With a long history of delivering consistent returns to shareholders, Procter & Gamble is a safe bet for investors looking to hedge against inflation.
Both Johnson & Johnson and Procter & Gamble are solid choices for investors looking to protect their portfolios during times of high inflation. By investing in these dividend stocks, investors can ensure that their portfolios remain resilient in the face of economic uncertainty.