Desiring Durable Passive Income During an Economic Downturn? These Elite Dividend Stocks Have Hiked Their Payouts In Each of the Last 4 Recessions.

Economic forecasters are raising the odds that we could experience a recession in the coming quarters. Goldman Sachs has hiked its recession probability a few times in recent weeks, bumping it from 20% all the way to 45%. Meanwhile, JPMorgan is even more bearish. Its recession model sees a nearly 80% chance the economy goes into a recession, up from 60% not long ago. Recessions tend to cause corporate profits to decline, which drives many companies to cut costs through layoffs and other initiatives. Some companies will even cut or suspend their dividend payments to shareholders to conserve cash. However, other companies are more recession-resistant due to the durability of their cash flows and the strength of their balance sheets. ExxonMobil (NYSE: XOM) and Coca-Cola (NYSE: KO) have proven their ability to weather recessions over the decades. They've both increased their dividends throughout at least the past four recessions. There's a good chance they can withstand the next one with similar ease. Continue reading

Apr 15, 2025 - 12:18

Desiring Durable Passive Income During an Economic Downturn? These Elite Dividend Stocks Have Hiked Their Payouts In Each of the Last 4 Recessions.

Economic forecasters are raising the odds that we could experience a recession in the coming quarters. Goldman Sachs has hiked its recession probability a few times in recent weeks, bumping it from 20% all the way to 45%. Meanwhile, JPMorgan is even more bearish. Its recession model sees a nearly 80% chance the economy goes into a recession, up from 60% not long ago.

Recessions tend to cause corporate profits to decline, which drives many companies to cut costs through layoffs and other initiatives. Some companies will even cut or suspend their dividend payments to shareholders to conserve cash.

However, other companies are more recession-resistant due to the durability of their cash flows and the strength of their balance sheets. ExxonMobil (NYSE: XOM) and Coca-Cola (NYSE: KO) have proven their ability to weather recessions over the decades. They've both increased their dividends throughout at least the past four recessions. There's a good chance they can withstand the next one with similar ease.