Dividend Stocks Built to Weather Market Turbulence
The S&P 500 has experienced significant growth over the past three years, but this momentum may soon be disrupted by various economic concerns.
Investors are worried about the ongoing turmoil in Iran, higher oil prices, rising inflation in the U.S., and growing levels of spending in the artificial intelligence space.
To mitigate these risks, it's a good time to invest in dividend stocks, which offer recurrent income regardless of market performance.
Two such stocks are Johnson & Johnson (JNJ) and AbbVie (ABBV), both part of the Dividend Kings group with a history of raising their dividend payments for at least 50 consecutive years.