Consumer staple stocks are prized for their consistency. In good times or bad, we still need to wash our hair and brush our teeth. That makes the sector’s stocks wonderful dividend payers as they feature steady cash flow. And our latest Best Dividend Protection Stocks Model Portfolio pick has been a steady-eddy for more than 60 years, delivering dividend growth to its investors and a strong 2.5% yield!
You can check out the Best Dividend Protection Stocks Model Portfolio to explore all the stocks.
The secret to our pick’s success remains its middle-market focus. Our pick’s specialty brands are right smack in the middle of pricing: not too expensive or too cheap. This has allowed it to capture a wide range of consumers and income levels in its core categories. It’s produced plenty of steady cash flow as well.
But our pick has found ways to grow as well. With a hefty international focus as well as expanding its core brands into new just over/below middle-market products, it’s been able to boost margins and keep customers in its system. A pending spin-off and bit of activist investor interest are also helping light a fire under the stock.
With its strong brand portfolio, must-have products and long history of delivering results for investors, our pick remains a top choice for conservative portfolios looking for income stability and growth.
