Dividends4Life: 5 Top Dividend Stocks to Own in a Recession?

5 Top Dividend Stocks to Own in a Recession?

Posted by D4L | Thursday, April 02, 2020 | | 0 comments »

So what should investors do amid the panic? They could do worse than own top dividend stocks. The recent stock market crash has turned some of these names into veritable cash cows. And while share prices swing wildly from day to day, top dividend stocks continue to mail checks to investors. I highlighted three of my favorite names in a recent column. Now I want to add a five more names to the list.

American Tower Corp (NYSE:AMT) and Crown Castle International Corp. (NYSE:CCI) are pretty straightforward to wrap your head around. Las Vegas Sands Corp. (NYSE:LVS) stands as the biggest question mark on the list. The casino owner’s share price is easy to drop because infection fears have hammered the gaming business. It’s pretty straightforward with Consolidated Edison, Inc. (NYSE:ED): this is an old, stodgy utility company serving millions of customers in New York and New Jersey. Hershey Co (NYSE:HSY) represents the ultimate “Forever Asset.” The company has survived two world wars, the Great Depression, oil embargoes, stagflation, the dotcom bust, and the 2008 financial crisis.

Source: IncomeInvestors

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