Recession Proof Stocks with Dividends - For Safe Profits in 2024
Investing in recession-proof stocks with dividends is a smart strategy for building a resilient portfolio that can weather economic downturns. These stocks belong to companies operating in essential industries like healthcare, consumer staples, utilities, and defense, which tend to remain stable even during tough economic times. What makes these stocks particularly attractive is their ability to consistently pay dividends, providing investors with a reliable income stream while offering protection from market volatility. We’ll explore some of the top recession-proof dividend stocks, showcasing why these companies are well-positioned to thrive, regardless of economic conditions, and why they make a valuable addition to any long-term investment strategy.
| Stock | Dividend Yield | Pay-out Ratio | P/E Ratio | P/B Ratio | ROE | 5y Dividend Growth | 10y Dividend Growth |
|---|---|---|---|---|---|---|---|
| Johnson & Johnson | 3.25% | 79.71% | 24.78% | 5.19% | 0.21% | 5.54% | 5.93% |
| Procter & Gamble | 2.42% | 88.49% | 35.96% | 7.64% | 0.21% | 6.03% | 4.57% |
| Coca-Cola | 3.09% | 78.28% | 26.02% | 10.21% | 0.40% | 3.93% | 4.75% |
| PepsiCo | 3.54% | 75.99% | 22.06% | 10.61% | 0.49% | 7.04% | 7.73% |
| Walmart | 0.85% | 33.23% | 39.83% | 8.89% | 0.23% | -17.10% | -8.04% |
| McDonald's | 2.34% | 58.34% | 25.22% | -40.16% | -1.69% | 7.47% | 7.53% |
| Abbott Laboratories | 1.75% | 65.30% | 38.45% | 5.57% | 0.15% | 11.44% | 9.60% |
| AbbVie | 3.59% | 212.79% | 60.53% | 51.40% | 0.66% | 7.69% | 14.08% |
| Pfizer | 6.35% | 221.76% | 35.41% | 1.63% | 0.05% | 3.13% | 4.91% |
| Merck & Co | 3.17% | 63.72% | 20.48% | 5.59% | 0.29% | 6.66% | 5.83% |
| Colgate-Palmolive | 2.23% | 56.15% | 25.53% | 168.37% | 8.21% | 2.98% | 3.38% |
| Kimberly-Clark | 3.76% | 77.17% | 20.75% | 44.65% | 1.89% | 3.44% | 3.80% |
| Clorox | 3.09% | 167.23% | 54.72% | 325.60% | 2.68% | 3.77% | 5.30% |
| General Mills | 3.99% | 51.79% | 12.81% | 3.63% | 0.28% | 3.96% | 3.99% |
| Campbell Soup | 3.88% | 81.13% | 20.91% | 3.00% | 0.14% | 1.12% | 1.72% |
| Altria | 7.60% | 66.57% | 8.72% | -25.86% | -2.72% | 4.05% | 7.18% |
| Philip Morris International | 4.09% | 82.53% | 20.50% | -20.79% | -0.96% | 2.78% | 3.17% |
| Exxon Mobil | 3.53% | 47.99% | 14.39% | 1.81% | 0.14% | 2.28% | 3.58% |
| Chevron | 4.19% | 70.28% | 16.80% | 1.79% | 0.10% | 6.49% | 4.47% |
| NextEra Energy | 2.91% | 59.48% | 20.94% | 2.91% | 0.14% | -16.25% | -3.36% |
| Duke Energy | 3.74% | 92.18% | 19.75% | 1.74% | 0.09% | 2.03% | 2.77% |
| Southern | 3.45% | 63.19% | 19.24% | 2.73% | 0.15% | 3.06% | 3.22% |
| Consolidated Edison | 3.59% | 59.16% | 17.38% | 1.46% | 0.09% | 2.32% | 2.80% |
| American Electric Power | 3.64% | 71.42% | 19.91% | 1.96% | 0.10% | 5.67% | 5.81% |
| Dominion Energy | 4.85% | 91.87% | 19.03% | 1.68% | 0.09% | -6.16% | 1.07% |
| Realty Income | 5.80% | 291.48% | 53.51% | 1.22% | 0.02% | 1.09% | 2.73% |
| Verizon | 6.67% | 114.26% | 17.35% | 1.76% | 0.10% | 1.98% | 2.25% |
| AT&T | 4.58% | 90.45% | 19.27% | 1.48% | 0.08% | -11.46% | -4.93% |
| 3M | 2.22% | 38.44% | 19.74% | 21.15% | 0.96% | -10.21% | -0.17% |
| Walgreens Boots Alliance | 8.42% | -12.01% | -1.16% | 0.92% | -0.73% | -11.04% | -2.63% |
| CVS Health | 4.67% | 66.07% | 14.28% | 0.96% | 0.07% | 5.87% | 9.23% |
| UnitedHealth | 1.54% | 50.95% | 34.27% | 0.00% | 0.21% | 14.59% | 19.26% |
| Medtronic | 3.05% | 84.54% | 27.34% | 2.42% | 0.09% | 5.65% | 8.85% |
| Bristol-Myers Squibb | 4.06% | -66.20% | -16.67% | 7.06% | -0.36% | 7.91% | 5.17% |
| Johnson Controls International | 1.81% | 58.65% | 31.84% | 3.37% | 0.11% | 7.31% | 7.77% |
| Lockheed Martin | 2.81% | 57.12% | 20.10% | 16.93% | 0.81% | 7.21% | 8.79% |
| Northrop Grumman | 1.67% | 49.22% | 29.64% | 4.77% | 0.16% | 9.30% | 11.50% |
| Raytheon Technologies | 1.98% | 66.30% | 34.41% | 2.78% | 0.08% | -3.35% | 0.50% |
| General Dynamics | 2.26% | 39.66% | 18.18% | 3.12% | 0.17% | 6.94% | 8.71% |
| Waste Management | 1.43% | 45.06% | 31.84% | 10.54% | 0.36% | 7.91% | 7.18% |
| Republic Services | 1.05% | 34.17% | 33.83% | 5.94% | 0.18% | 1.13% | 4.33% |
| Sempra | 3.03% | 57.84% | 17.71% | 6.59% | 0.12% | -8.52% | -0.62% |
| Public Storage | 4.08% | 121.41% | 27.16% | 5.36% | 0.19% | 8.45% | 7.92% |
| Federal Realty Investment Trust | 4.11% | 124.95% | 30.46% | 2.88% | 0.10% | -4.55% | -0.06% |
| Kimberly-Clark | 3.76% | 77.17% | 20.75% | 44.65% | 1.89% | 3.44% | 3.80% |
| Hormel Foods | 3.68% | 76.39% | 21.03% | 2.12% | 0.10% | 6.11% | 3.51% |
| Coca-Cola Consolidated | 0.44% | 31.78% | 22.37% | 9.23% | 0.38% | 82.06% | 34.93% |
| Molson Coors Beverage | 3.19% | 39.17% | 12.34% | 0.87% | 0.07% | -2.13% | 1.75% |
| Tyson Foods | 3.48% | 85.50% | 24.52% | 1.07% | 0.04% | 4.98% | 20.71% |
| Conagra Brands | 5.41% | 135.95% | 25.16% | 1.41% | 0.06% | 10.49% | 3.42% |
| Church & Dwight | 1.07% | 49.84% | 47.27% | 6.20% | 0.13% | 4.52% | -0.88% |
| Unilever | 3.13% | 64.35% | 20.83% | 6.81% | 0.35% | 0.54% | 2.16% |
| Nestlé | 3.97% | 69.76% | 18.14% | 6.19% | 0.33% | 7.06% | 3.47% |
| Kraft Heinz | 5.39% | 141.82% | 26.20% | 0.74% | 0.03% | 0.00% | 0.00% |
| Kroger | 2.00% | 31.12% | 15.95% | 3.42% | 0.22% | 15.25% | 6.02% |