Not all dividend stocks are created equally — especially in times of economic crisis. For that reason, investors should be looking for solid companies whose finances will allow for lasting dividend payments. Cash flow, a history of maintaining dividend payments and a strong business case are the hallmarks of defensive dividend stocks. With that in mind, here’s a look at four potential winners with respectable, safe dividends to get investors through the hard times.
Lockheed Martin (NYSE:LMT) is one of the largest defense contractors in the world, and its reliance on government contracts should insulate it somewhat in the coming year. As a maker of vital healthcare supplies like face masks, 3M (NYSE:MMM) has gotten a lot of exposure recently. Duke Energy (NYSE:DUK) makes for a good pick in the energy sector because of its financial strength and respectable dividend yield. Coca-Cola (NYSE:KO) is another smart play among dividend stocks. Like 3M, Coca-Cola has been upping its dividend payments for more than 50 years.
Source: InvestorPlace
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Posted by D4L | Tuesday, April 07, 2020 | ArticleLinks | 0 comments »________________________________________________________________
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