Want Safe Income? This Stock Raised Its Dividend in the Last 3 Recessions
Realty Income (NYSE: O), for example, not only survived the past three recessions but it raised its dividend payout during the dot-com bubble, the Great Recession, and the coronavirus pandemic. In total, it's made 120 dividend increases in its 29-year tenure as a company. One of the biggest reasons Realty Income has such an impressive dividend track record even during recessionary periods is its reliable business model.