Cookies, candies and crackers don’t seem like a growth industry, but, the reality is, there’s plenty of profit to be had. Our latest Best Dividend Growth Stocks Model Portfolio pick has been realizing this potential since its spin-off nearly a decade ago. Thanks to the food segment’s “little luxury” status, our pick has been able to produce ample margins from its product portfolio and pass on rising costs to consumers since the beginning – and that’s helped investors score 13% annual dividend increases over the last five years!
The secret has been in our pick’s massive portfolio of top brands. With plenty of billion-dollar brands under its belt, our pick has been able to turn raging consumer demand into cash flows.
And it’s used those brands as growth engines as well. With additional products, flavors and snacks utilizing these brands, our pick has been able to squeeze out even more growth out of its portfolio. And thanks to a hefty dose of natural/organic brands and emerging market expansions, our pick is poised to keep the dividend’s growing for another decade.
In the end, our pick makes an ideal choice for growth-oriented dividend investors.
You can check out the Best Dividend Growth Stocks Model Portfolio to explore all the stocks.