We’ve endured quite a number of economic shocks over the past few decades. The dot.com crash, financial crisis, and pandemic have severely affected many companies, forcing several to cut their dividends due to falling profits.
However, some companies have built resilient businesses that can endure even the deepest economic shocks. The following two stalwarts have grown their earnings nearly every year for more than a decade while delivering dividend durability for even longer periods. That makes them great income stocks to buy for those seeking payouts that can deal with difficult times.
This post originally appeared at The Motley Fool.