It’s no secret that consumers are a fickle bunch. Changing tastes and preferences as time goes on. And this is before any sort of changes in economic conditions. So, when a firm operating in the consumer sector is able to tap into consumer trends, create top brands and win for the long haul, investors should celebrate that stock.
This is just the case with our latest Best Dividend Stocks Model Portfolio pick. Our pick is one of the largest consumer products firms on the planet, with a product portfolio spanning a variety of personal care and household items.
The win for our pick has continued to be its top premium branding and its ability to leverage those brands into additional products and categories, helping it continue to see organic growth across its various categories. For investors, it has allowed our pick to see its dividend and cash flows rise for more than 60 years.
With a top notch 2.5% yield and plenty of growth potential, our pick makes a great addition to any portfolio.
In order to make room for our consumer staples pick, we’ve been forced to remove a consumer foods company from the portfolio.
You can check out the Best Dividend Stocks Model Portfolio to explore all the stocks.
