There exists a group of consumer staples companies that blur the line between must haves and discretionary items, helping them gain pricing power. Luckily, for our latest Best Dividend Protection Stocks Model Portfolio pick, it’s used its stature as one of the biggest producers of these type of products to drive cash flow and dividends for over fifty years. This includes its last 2% increase to its dividend!
You can check out the Best Dividend Protection Stocks Model Portfolio to explore all the stocks.
Founded as a maker of health drinks back in the early 1900s, our pick has evolved through M&A and organic growth into a monster in the snack food and beverage sector. Each day, more than a billion servings of its products are consumed across the globe.
The key to that remains its stable of top brands. With some of the biggest names in beverages, sports drinks and snacks, our pick has been able to leverage those brands across various avenues and channels, creating additional tangential sales. Meanwhile, limited edition and special flavors have continued to drive social media buzz and extra sales.
Those sales have helped it produce stellar results and overcome any pricing issues of its own last year. With demand for its products not abating, our pick has the goods to drive portfolios of even the most conservative investors.
