Market volatility recently hit the 3rd highest levels ever recorded, and extreme fear grips Wall Street. The yen carry trade unwind is likely not over yet; US recession risks remain elevated, and the market decline might still have another 8%. Dividend aristocrats are down just 0.9% in this downturn, and many aristocrats are up modestly.

Let's break down some blue- chip stocks for stability when times get tough. This topic feels especially important now, with fears of recession rising.

“Dividend Aristocrats

Consumer staple stocks like Colgate-Palmolive Company (CL), Kimberly-Clark Corporation (KMB), The Coca-Cola Company (KO) and Philip Morris International Inc. (PM) are a safe bet during times of market volatility.

During periods of heightened volatility, low-beta stocks can provide a valuable layer of defense and a more balanced risk profile.

With things looking gloomy for the economy, investing in recession-proof stocks such as Atmos Energy (ATO) and Kimberly-Clark (KMB) seems prudent.

Here is how Kimberly-Clark (KMB) and Coca-Cola (KO) have performed compared to their sector so far this year.

DALLAS , Aug. 1, 2024 /PRNewswire/ -- The board of directors of Kimberly-Clark Corporation (NYSE: KMB) has declared a regular quarterly dividend of $1.22 per share. The dividend is payable in cash on October 2, 2024, to stockholders of record at the close of business on September 6, 2024.

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

Global personal care products giant Kimberly-Clark Co. NYSE: KMB stock formed a resilient and rapid rebound after initially falling on its Q2 2024 earnings results. The company's portfolio of brands are household names in 175 countries, as nearly 25% of the world's consumer population uses its product daily.

Stocks like Atmos Energy Corporation (ATO), NiSource Inc. (NI), FirstEnergy Corp. (FE), Kimberly-Clark Corporation (KMB) and Limoneira Company (LMNR) are safe bets during this ongoing market volatility.

24/7 Insights The Dividend Aristocrats provide dependable passive income streams.