The best place to find riches in the current market? That would be bacon. Our latest Best Dividend Protection Stocks Model Portfolio pick continues to find plenty of profits in producing protein and food products for both commercial and consumer needs. In fact, it’s done so for the last 50+ years. You can grab the stock before Friday, January 13, when the stock goes ex-dividend and raises its regular quarterly dividend by 5.8% to $0.275 per share!
Our pick is one of the largest producers of protein and packaged foods in the country. With plenty of leading brands under its belt, our pick’s products are found in a variety of kitchens. This fact has continued to help our pick see rising cash flow throughout its history.
The best part is our pick has been able to use its size and scope to navigate the current murky economic waters with ease. Efforts to restructure and reduce its own costs have been fruitful. Supply chains remain strong and the firm’s margins are still high, helping it grow its cash flow.
Better still, the firm’s leadership position has it in the driver seat to make acquisitions of struggling rivals as the economic environment remains murky.
All in all, the simplicity and strength of bacon makes our pick perfect for conservative investors.
You can check out the Best Dividend Protection Stocks Model Portfolio to explore all the stocks.
