By: Dividend Sensei
The 2023 recession, while mild, could bring with it a sharp market decline. Very safe high-yield is a great way to stay sane and calm for what’s coming next.
This AA-credit rating blue-chip has a 0.4% risk of bankruptcy over the next 30 years.
It is the ultimate “Buy and hold forever” high-yield Ultra SWAN.
It has 91st percentile global risk management according to S&P and hasn’t missed a dividend payment in 153 years.
Management has a solid plan to grow 7+%, meaning 11% to 12% historical returns could persist for decades, generating 12X inflation-adjusted returns for retirees and 144X real returns for younger investors.