By their very nature, defensive stocks are some of the most sought-after companies for income portfolios. These businesses are rooted in established, non-cyclical sectors proven to weather economic downturns like cliff faces standing against the inevitable tide.
Now, mix that concept with Dividend Aristocrats—S&P 500 listed companies that have paid increasing dividends for 25 or more consecutive years—and you have a recipe for, perhaps the perfect defensive income stock.
