If a Stock Market Crash Is Coming, Investors Will Want to Own This Dividend King
Worried about a pullback? This Dividend King pairs a 54-year streak with catalysts that could provide income even if the market crashes.
Overview
With doubts around geopolitical issues combined with the stock market trading near record highs, it's natural to wonder whether a painful sell-off is overdue. If it is, Abbott Laboratories (NYSE: ABT) could be one of the best dividend stocks to own through the storm. Abbott is a Dividend King, a company that has increased its dividend for at least 50 consecutive years. In Abbott's case, it has raised its dividend for the past 54 consecutive years.
If the market crashes, Abbott could provide investors with a stable income stream, helping to soften the blow as they wait for a recovery.
Details
The bigger question now is whether Abbott can keep it going.
Source
Originally published at www.fool.com.