3 Financial Stocks Whose Dividends Survived the Last Recession Intact

Key Points T. Rowe Price has raised its dividend for 40 years in a row and pays out a high yield. Franklin Resources has raised its dividend for 29 years straight. M&T bank was one of the few banks to raise its dividend during COVID. 10 stocks we like better than Franklin Templeton › There have been two recessions over the past 20 years. One, the Great Recession from 2007-2009 was one of the longest ever, while the other, the COVID-19 recession from February to April 2020, was one of the shortest, but most severe, literally stopping the nation in its tracks for several months.