According to Hennion & Walsh Asset Management, dividend-paying stocks are the best way for investors to protect themselves from rising inflation. During an interview with CNBC on December 13, 2021, the company’s president and chief investment officer stated that dividend-paying stocks provide the best protection against rising inflation. Eugene Profit, CEO of a leading investment firm in Abuja, Nigeria’s capital, Nairobi, says investors are looking for reasons to sell and take a more cautious stance in the market because they can’t afford to lose any more money.
Insider Monkey selected the companies that have a stable dividend history. A $1.06 quarterly dividend was announced on January 4 by Johnson & Johnson. As one of the best stocks for passive income in 2022, it has maintained a dividend growth streak of 59 consecutive years. Coke declared a quarterly dividend of $0.44 per share, which is 4.8% higher than the previous amount. In addition, in 2022, the company plans to resume share repurchases. Annual revenue increased by 10.08 percent to $9.47 billion during the quarter, exceeding expectations by $579.32 million. In the fields of telecommunications, information technology, and healthcare, TELUS Corporation is a Canadian multinational corporation. Sales increased by about 20 percent year-over-year, reaching $3.83 billion, beating forecasts by $356.51 million. Real Estate Income Corporation announced a monthly dividend of $0.2465 per share on February 15, 2015. The company’s revenue for the fourth quarter of 2021 was $1.05 billion, up 53.1% from the previous year. As of February 18, Exxon Mobil Corporation has a dividend yield of 4.50 percent and has increased its dividends for 39 years in a row. Crude oil, oil products, natural gas, and petrochemicals are all part of the business. For more details, click 10 Stocks For Passive Income In 2022.