JNJ - 2 of the Safest Dividend Stocks to Hold During a Market Crash
Excellent dividend stocks are great to hold in times of economic downturns. Since the best of the best typically don't suspend -- or even reduce -- their dividend payments regardless of market and economic conditions, the regular and predictable dividend payments can help investors smooth out market losses.
With fears of a coming market crash fueled by concerns regarding inflation (among other factors), now might be a good time to add strong dividend-paying companies to your portfolio. Two great candidates are pharma giants Johnson & Johnson (NYSE: JNJ) and Bristol Myers Squibb (NYSE: BMS) . Let's see why both are worth buying if and holding on to if the market crashes, or for that matter, if it doesn't.
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2 of the Safest Dividend Stocks to Hold During a Market Crash