Unveiling an elite constituent of our Best Dividend Protection Stocks model portfolio. This investment powerhouse, a well-covered mega-cap in the Consumer Products sector, stands tall with a five-decade-long dividend increase track record, positioning it in the highest 10% of dividend stocks.
With an impressively low 0.54 beta, the stock offers a stable dividend income stream, acting as a powerful diversifying tool for your equity portfolio.
Brace yourselves for the next payout; an estimated $1.265 per share to be dispensed around July 21. The stock currently yields 2.74%, more than its sector average and this portfolio’s benchmark.
Our recommendation process is specifically optimized for Dividend Safety and Returns Risk, while also taking into account Yield Attractiveness and Returns Potential.
Stay tuned for the comprehensive breakdown that follows, illustrating the financial prowess of this exceptional entity.
