Investors looking for defensive companies paying big dividends are drawn to the Dividend Aristocrats and with good reason. The 67 companies that made the cut for the 2024 S&P 500 Dividend Aristocrats list have increased dividends (not just remained the same) for 25 years straight.
We screened the list, looking for companies that could provide a safe haven in the event of a protracted and significant market sell-off. All five companies we picked have dividends that are classified as “very safe” and they should hold up better than overbought technology giants that have surged higher due to the artificial intelligence melt-up.
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