5 Best Recession Dividend Stocks to Buy

In this article, we discuss 5 best recession dividend stocks to buy. If you want to read our detailed analysis of dividend stocks and their performance in periods of economic downturns, go directly to read 11 Best Recession Dividend Stocks to Buy. 

5. The Coca-Cola Company (NYSE:KO)

Number of Hedge Fund Holders: 61
Dividend Yield as of July 24: 2.95%

An American beverage company, The Coca-Cola Company (NYSE:KO) mainly belongs to the consumer staples industry, which makes it one of the best dividend stocks to consider during a recession. The company has a strong history of 61 years of consistent dividend growth. It currently pays a quarterly dividend of $0.46 per share and has a dividend yield of 2.95%, as of July 24.

The Coca-Cola Company (NYSE:KO) was a part of 61 hedge fund portfolios in Q1 2023, according to Insider Monkey’s database. The stakes owned by these hedge funds have a total value of over $24.8 billion, with Warren Buffett’s Berkshire Hathaway owning KO stakes worth more than $24.8 billion.