How Dividend Stocks like Coca-Cola Can Help You Rest Easy Amid Stock Market Unrest
Coca-Cola (NYSE: KO) is a famous company with an iconic brand known the world over. Operating in the consumer staples space, consumers tend to keep buying its products right through periods of stock market and economic turmoil. That's how Coca-Cola has managed to support and grow its dividend through the years despite often material headwinds.While Coca-Cola is an elite company, it is far from the only consumer staples maker that can help you rest easy amid stock market unrest. Here are a few others.If the stock market falls into a bear market are you going to stop buying toothpaste, toilet paper, and soda? If the economy succumbs to a recession, will you stop using soap, laundry detergent, and food? That answer, I hope, to those two questions is no. And this is why consumer staples makers are so attractive during troubled times (if not all the time).Continue reading
Coca-Cola (NYSE: KO) is a famous company with an iconic brand known the world over. Operating in the consumer staples space, consumers tend to keep buying its products right through periods of stock market and economic turmoil. That's how Coca-Cola has managed to support and grow its dividend through the years despite often material headwinds.
While Coca-Cola is an elite company, it is far from the only consumer staples maker that can help you rest easy amid stock market unrest. Here are a few others.
If the stock market falls into a bear market are you going to stop buying toothpaste, toilet paper, and soda? If the economy succumbs to a recession, will you stop using soap, laundry detergent, and food? That answer, I hope, to those two questions is no. And this is why consumer staples makers are so attractive during troubled times (if not all the time).
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