There’s a lot of ways to go about picking recession-proof stocks. Certain industries such as consumer staples, utilities, and health care tend to fare well even during economic downturns.
Other analysts might point to certain statistics, such as high profit margins, low variation of earnings, or a net cash position on a company’s balance sheet.
Those all have their merits in terms of determining a company’s quality and safety. However, for this list, I’ll be using dividend aristocrats as the primary filter. A dividend aristocrat is a company that has increased its dividend payout each and every year for at least the past 25 years.
With that in mind, here are seven dividend aristocrats that make for high-quality recession-proof stocks in 2022.
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