3 Safe Dividend Kings to Recession-Proof Your Portfolio

The following three dividend kings have low dividend payout ratios and recession-proof business models, meaning their dividends are well-covered even when the economy is suffering. Source: Alexanderstock23 / Shutterstock Global ecommerce sales soared 21% higher year-on-year, which was led by store-fulfilled pickup and delivery, as well as good performances from the company's marketplace. Global advertising revenue also rose 24%, including Walmart Connect in the US. Comparable sales in the US rose 3.8%, whic ...