3 Disaster-Proof Dividend Stocks

The only guarantee in lifeYou can avoid taxes, but regrettably, you can't avoid death. An estimated 2.5 million Americans will die this year -- which, morbidly enough, spells opportunity for StoneMor Partners (Nasdaq: STON) . StoneMor owns and operates 260 cemeteries and 58 funeral homes in the U.S., generating revenue through internment rights (burial plots and cremation rights), merchandise (caskets, graves, etc.), and the installation of said caskets into said burial plots. StoneMor is an inherently stable business. Revenue at each cemetery grows at about 3% annually, a function of small price increases. There's no worry that the company will run out of land; it will take about 250 years for its cemeteries to fill up. The business grows by acquiring cemeteries, and there are ample opportunities to do so.... Read more