Pricing power. For brands and companies that have it, the current environment has been a breeze to navigate. The ability to pass on costs to consumers and retailers continues to boost sales and profits at our latest Best Dividend Protection Stocks Model Portfolio pick and underscores why the firm makes for an ideal selection for conservative investors. Those investors can see the potential in action and take hold of its 2% dividend increase by buying the stock before it goes ex-dividend on Thursday, April 20!
You can check out the Best Dividend Protection Stocks Model Portfolio to explore all the stocks.
Our pick’s resiliency lies within its niche. Our pick is one of the largest producers of consumer products in the nation. With top brands amid personal care and home goods, our pick has continued to see steady cash flows for six decades.
The secret to that stability remains its middle market niche. By not being too expensive or skewing into value/heavily discounted brands, our pick has been able to make the most of middle income America.
However, our pick has been smart in that it understands the current environment. This has it adding tangible products from its top brands amid the value chain. This has allowed it to keep more consumers within its system and keep sales steady throughout the malaise.
In the end, our pick is a prime example of how consumer staples stocks represent strong dividend names and belong in conservative portfolios.
