APA 0.84% $7.18 apa group

Are we a target again, page-3

  1. cyw
    2,326 Posts.
    lightbulb Created with Sketch. 19
    I think with all these recession talk, investors are switching to the defensive stocks. What is a better defensive stock that is a monopoly, pays good dividends and handles a product people will need in good times or bad, arguably more in bad times as people tend to stay home more and eat out less often. This is a no-brainer stock for the lazy investor. Buy a lot of it and go do your things, there is no need to watch the market all the time. You will only get reminded twice a year that you own the shares when you receive the dividends cheques. What a wonder life.

    As far back as I can remember, APA has maintained or increased its dividends every year since birth, even through the GFC.

    BTW, AGL does not look bad either.
 
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