Investing in equal parts of these blue chip dividend stocks gives an investor an average yield of 3.2%.
Change is common on Wall Street, and there could be a major shake-up among the largest stocks by the turn of the decade.
In a recession, investors tend to flock to dividend stocks as capital gains growth is difficult to achieve and the payout provides an offsetting income stream. Particularly in an inflationary environment, dividends can help mitigate the pressure stocks come under. It marks an acceleration in inflation and means dividend stocks will become even more important to investors.