In 2024, it is important for investors to focus on recession-proof dividend stocks in their portfolios. These stocks provide a steady stream of income even during economic downturns. Here are the top 10 dividend stocks to consider for a recession-focused portfolio:
1. Johnson & Johnson (JNJ) – A reliable healthcare company with a long history of dividend growth.
2. Procter & Gamble (PG) – A consumer goods giant known for its stable dividends.
3. Coca-Cola (KO) – A beverage powerhouse with a strong dividend track record.
4. Verizon Communications (VZ) – A telecommunications company with a high dividend yield.
5. Realty Income Corporation (O) – A real estate investment trust (REIT) known for its consistent dividends.
6. Exxon Mobil Corporation (XOM) – An energy company with a solid dividend history.
7. PepsiCo, Inc. (PEP) – Another consumer goods company with a strong dividend track record.
8. AT&T Inc. (T) – A telecommunications giant with a high dividend yield.
9. AbbVie Inc. (ABBV) – A pharmaceutical company with a focus on dividend growth.
10. Pfizer Inc. (PFE) – A pharmaceutical company known for its stable dividends.
These dividend stocks can provide investors with a reliable source of income during a recession. It is important to diversify your portfolio and consider the long-term potential of these companies when making investment decisions.