Why These 2 Recession-Proof Dividend Kings Are a Steal Right Now

Stocks in the S&P 500 offer an underwhelming average dividend yield of 1.2%. The average consumer staples company has a 2.5% yield. You can beat both of those numbers with Dividend King stalwarts like Coca-Cola (NYSE: KO) and Procter & Gamble (NYSE: PG). The best part is that both offer recession-resistant businesses that have stood the test of time. Here's why each of these reliable dividend stocks could be a steal today.The consumer staples sector is populated with businesses that sell necessity items. The products are usually relatively low-cost compared to the benefits they offer, and there tends to be strong brand loyalty among consumers. You aren't going to stop buying food or deodorant if there is a recession. And while a deep recession may make you consider trading down to lower-cost alternatives, you will probably think twice about giving up your preferred choices.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool