From Barchart:

Investors are drawn to safe dividend stocks for their ability to pay dividends even during recessions, providing a source of stability and income in uncertain economic times. These stocks are typically found in industries known for predictable cash flows and steady performance, such as utilities, consumer staples, and healthcare. By choosing safe dividend stocks, investors can weather market volatility and still receive reliable income from their investments. This provides a level of reassurance in an unpredictable market, making safe dividend stocks an attractive option for many investors.



Read more: 3 Safe Dividend Stocks For 2024