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Each of these three dividend stocks can be considered a defensive investment.
With the risks of a recession rising, investing in these defensive dividend stocks could give your portfolio protection. Procter & Gamble (PG 0.88%), Kroger (KR 1.78%), and Clorox (CLX 0.63%) are not likely to experience significant decreases in earnings during a recession.
*Stock prices used were the afternoon prices of April 16, 2023. The video was published on April 18, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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