When times get tough, investors get defensive. Few industries are as resistant to economic cycles as consumer staples, making them a primary target for defensive-minded investors. Our latest reaffirmation in the Best Consumer Staples Dividend Stocks List is an iconic beverage maker that has withstood the test of time. Since being added to our portfolio on November 19, 2021, our pick’s share price grew by 4.2%, which is significantly better than the performance of the well-diversified S&P 500 Index – down nearly 18% over the same period.
Thanks to an efficient supply chain network, pricing power and globally recognized brands, our pick makes a strong case for inclusion in income portfolios. Add over five decades of positive dividend growth and you have a consumer staple that’s as reliable as any other stock.
You can check out the Best Consumer Staples Dividend Stocks List to explore all the stocks.
