These days, investors are craving stability. Thanks to higher volatility, inflation and a variety of geopolitical risks, boring is once again beautiful. Our latest Best Dividend Protection Stocks Model Portfolio pick has been making boring beautiful for nearly 60 years. Our pick’s niche has allowed it to produce steady and ample dividend growth giving it a current yield of 2.3%. Investors craving stability should not let the opportunity go by and grab the stock before it goes ex-dividend on Wednesday, July 20 with a $0.47 payout!
The win for our pick has been its focus on the middle. As one of the largest producers of laundry soap, toothpaste and other household/personal care products, our pick has long occupied the middle ground in terms of pricing. This powerful position has allowed our pick to avoid many of the pitfalls that occur with firms focusing on the higher and lower ends. It’s also helped produce steady cash flows throughout its history.
More recently, our pick has expanded and used its huge brand power to move up the ladder- by making approachable top-line products, our firm has continued to expand its client base and continue to capture its core customers. Meanwhile, the addition of organic and natural brands has also helped keep the cash flowing.
With steady and strong sales, our pick makes an ideal selection for those conservative investors looking to avoid the market’s hiccups.
You can check out the Best Dividend Protection Stocks Model Portfolio to explore all the stocks.
