Recession and Market Sell-Off Likely Coming Soon: 7 Safe Dividend Aristocrats to Buy Now

To date, Realty Income has declared 632 consecutive common stock monthly dividends throughout its 54-year operating history and increased the dividend 119 times since its public listing in 1994. It is a top real estate member of the S&P 500 Dividend Aristocrats index.

Shareholders receive a 4.92% distribution. Realty Income stock has a $71.25 price target at Stifel. The consensus target is $69.80, and the stock closed at $61.80 on Thursday.


This huge drugstore chain operator is a safe retail play for investors looking to add health care now, and it trades at a cheap 7.5 times 2023 earnings expectations. Walgreens Boots Alliance Inc. (NASDAQ: WBA) operates as a pharmacy-led health and beauty retail company. It operates through three segments.

The Retail Pharmacy USA segment sells prescription drugs and an assortment of retail products, including health, wellness, beauty, personal care, consumable, and general merchandise products through its retail drugstores. It also provides specialty pharmacy services and mail services; this segment operates nearly 10,000 retail stores under the Walgreens and Duane Reade brands in the United States; and six specialty pharmacies.

The Retail Pharmacy International segment sells prescription drugs and health and wellness, beauty, personal care and other consumer products through its pharmacy-led health and beauty stores and optical practices, as well as online and an integrated mobile application. This segment operated 4,428 retail stores under the Boots, Benavides and Ahumada in the United Kingdom, Thailand, Norway, the Netherlands, Mexico and elsewhere, and 550 optical practices, including 165 on a franchise basis.

The Pharmaceutical Wholesale segment engages in the wholesale and distribution of specialty and generic pharmaceuticals, health and beauty products, and home health care supplies and equipment, as well as provides related services to pharmacies and other health care providers.

Investors receive a 6.11% dividend. Deutsche Bank has set its target price at $46, above the $40.57 consensus target. Walgreens Boots Alliance stock closed at $31.17 on Thursday.

These seven top Dividend Aristocrats are trading at reasonable levels, pay dependable dividends and, most important, are solid and safe ideas in a market that looks poised to trade lower after a big run over the past eight weeks. They not only should hold up if the selling does indeed return, but they offer outstanding total return potential.

Sponsored: Tips for Investing

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