Economies go through natural cycles of boom and bust.
Naturally, investors may be worried about how to tackle the stock market volatility that accompanies such cycles.
The key is to park your money in companies that are termed “defensive”.
Defensive stocks are those that should see steady demand during downturns and whose business remains resilient.
The news gets even better if these stocks pay out a dividend that provides you with a source of passive income as you wait for the inevitable recovery.
These four dividend-paying stocks should provide an oasis of calm as you navigate whatever the economy throws at your investment portfolio.
Parkway Life REIT (SGX: C2PU)
Healthcare is a traditionally defensive sector that has held up well during tough times.
Parkway Life REIT is a healthcare REIT that owns a total of 56 properties in Singapore, Japan and Malaysia worth S$2.3 billion as of 31 March 2022....