As Global Recession Looms, These 3 Dividend Kings Are Primed To Benefit From The Sale Of Necessities

With the SPDR S&P 500 (NYSE:SPY) down roughly 22.5% year-to-date, investors may want to turn to blue chip dividend kings. These stocks typically lose less of their value than other stocks in the S&P 500 and increase dividends for 50 consecutive years.

For instance, the SPDR Series Trust SPDR Portfolio S&P 500 High Dividend ETF (NYSE:SPYD) is designed to track the performance of the 80 highest yield dividend equities in the S&P 500, which is only down roughly 13.13% year-to-date.