Discover the latest addition to our Best Dividend Protection Stocks model portfolio—a standout within the consumer products sector boasting a mega-cap status. With a consistent 68-year track record of dividend increases, this gem lands squarely in the top 10% of all dividend stocks and shows no signs of slowing down, promising further hikes on the horizon.
The stock’s low beta of 0.40 suggests monthly returns that resist correlation with equity markets, making it an ideal candidate to diversify your retirement portfolio.
What’s more? Brace yourself for the next payout, expected to be around $0.941 per share, scheduled for payout in mid-July.
Our choice doesn’t merely prioritize yield attractiveness and return potential, it’s primarily geared towards optimizing dividend safety and minimizing returns risk. To understand the strategic reasons behind this inclusion and uncover its wealth of promise, delve into our comprehensive stock analysis that follows.
