While equity markets have rebounded sharply to start 2023, global growth fears are making headlines again. In this environment, consumer staples are back in vogue among investors because food and drink are essential no matter how bad things get. Our latest addition to the Best Consumer Staple Dividend Stocks List is an iconic beverage maker with a massive portfolio of consumer products. You’ve seen its logo everywhere and have undoubtedly consumed its drinks, knowingly and unknowingly.
You can check out the Best Consumer Staples Dividend Stocks List to explore all the stocks.
Our pick has a 60+ year record of dividend growth, underscoring its leadership position in the beverage market. This solid dividend profile is backed up by a global presence, strong organic revenue growth and a positive outlook for 2023.
To make room for our beverage maker, we’ve booked profits and sold off our holdings of a consumer packaged goods producer due to limited upside potential.
