Dividends4Life: 2 Dividend Stocks That Will Hold Up No Matter the Market Conditions

Savvy investors know, though, that when the market crashes, the opportunity for real wealth creation is at hand. Not from shorting stocks, but because bull markets always follow bad times, and you now have the chance to buy good companies at discounted prices. Also, dividend-paying stocks help smooth over the harsh reality of those market downturns, which is why I look for those businesses that can weather both the highs and lows of the cycle with their dividends not only remaining intact but continuing to rise through it all. Here are a pair of stocks you can count on to make it through no matter the market, and to help you achieve a lifetime of income and wealth.

Because 3M (MMM) has been around for over 100 years, it has been through all types of markets and global macroeconomic and geopolitical events: depressions and recessions, world wars, global pandemics, and natural disasters. It may have gotten its start in mining, but today it's arguably best known as a maker of N95 masks and respirators. ou might not have even heard of Lancaster Colony (LANC -0.23%), which has only been around half as long as 3M and has a $3.6 billion market cap, which is but a fraction of the size of the household-name conglomerate. But what this company lacks in stature, it makes up for in financial prowess.

Source: Motley Fool

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