The Motley Fool articleExtendicare mentioned in the following article
https://www.fool.ca/2018/07/26/3-dividend-stocks-that-also-have-great-growth-prospects/
Extendicare Inc. (TSX:EXE) has struggled this year with its share price declining more than 20% since January, but with the population getting older, its long-term care facilities could quickly become in high demand.
The stock is an appealing buy because, like Fortis, it’s what I would consider a recession-proof stock, since its revenues relate to expenses that are, in many cases, necessities that can’t easily be avoided. That provides investors with some stability and makes it a bit easier for companies to grow their top lines.
Extendicare’s monthly dividend will provide your portfolio with a regular stream of cash flow; currently, it yields an annual rate of 6.7%.