A wealth-creating machine over the decades, its combination of income and growth should give the company the power to produce compelling total returns.

In the current market downturn, these names have especially attractive dividend yields and valuations.

If you’re worried that market fear is justified and we’re heading for a recession, consider these defensive stocks that pay yields up to 17.4% annually.

These sleep-well-at-night names are low-risk, high-quality businesses that don’t get overexcited during bull runs or overly discouraged during bear markets. Right now, they’re hard to beat.

Paying yields of 7.9% and 12.3%, tariff panic is giving us a deal on these strong income plays.

With double-digit dividend growth, an extremely low payout ratio, and the potential that shares are 22% undervalued, this is an excellent long-term investment candidate for dividend growth investors.

It’s growing its cash flow and has a decade-plus history of annual dividend increases. When it comes to dividend safety, it doesn’t get any more perfect than that.

A long-term wealth and income generator, it’s trading at a 10% discount to NAV.

When markets tumble, it’s far better to stick with reliable high-yield stocks that are likely to keep rewarding investors even in a market downturn or recession — like this trio, with yields up to 6%.

With a recession still very much in play, this trio of names not only deliver much more yield (8.9%-10.2%), but also trade at a discount.

With a market-smashing yield, a low payout ratio, and the potential that shares are 24% undervalued, long-term dividend growth investors interested in taking advantage of market volatility and wanting to pick up a deal on a high-quality company should take this stock.

Its stability, dividends, and U.S.-focused pivot make it a no-brainer.