3 Dividend Stocks That Thrive in Both Bull and Bear Markets

Many investors prefer dividend stocks because they offer a nice balance of capital appreciation and income. The best dividend payers, though, also boast a long history of increasing their payouts, regardless of what the broader market is doing. 

Below, Motley Fool investors highlight three businesses -- McCormick (NYSE: MKC), Procter & Gamble (NYSE: PG), and Costco (NASDAQ: COST) -- that have demonstrated the ability to reward shareholders through economic booms and busts.

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Source: Fool.com